FTX case Continues to Weigh on Cryptos
Bitcoin fell more than 1% to $16,000 on Monday, trading close to levels not seen in two years and Ether was down over 2% to $1,113, the lowest since July, as the collapse of FTX continues to weigh on the crypto market and worries over further contagion mount
Goldman Says US Dollar Strength Versus Asia FX May Not Last Longer
Goldman Sachs Group Inc. is calling time on the US dollar’s strength against Asian currencies, saying it will wane in the next three-to-six months
“Timing the peak of USD is not straightforward, but on balance, the USD will crest as and when there is more clarity on Fed terminal rates, around 3- to 6-months from now,” analysts including Danny Suwanapruti wrote in a Sunday note.