The recent stability of the dollar near two-month highs has had a significant impact on Asian currencies. The USDJPY pair, in particular, has caused concern among investors due to its proximity to 160 yen, a level not seen since 1986. This has sparked fears of potential intervention measures by Tokyo to prevent further weakening of
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The recent decline in Bitcoin price can be attributed to concerns over U.S. interest rates and anticipation of key inflation data. This has kept traders biased towards the dollar, leading to a 2.4% drop in Bitcoin’s value in the past 24 hours. The overall sentiment in the market is bearish as traders remain skeptical about