$BTCUSD Forex Signal: Rebound to 45,820 Can’t be Ruled Out
rose sharply on Tuesday as worries about Ukraine appeared to ease. The rebound coincided with the sharp rally of stocks. The Nasdaq 100 index rose by more than 230 points while the Dow Jones rose by 335 points on Tuesday. At the same time, assets that rallied during the tension period like gold and crude oil declined sharply.
Therefore, investors believe that the Fed will continue embracing a hawkish tone in the next few months. Precisely, analysts expect that the bank will hike interest rates at least three times this year. Still, the biggest challenge for the Fed will be on how to hike interest rates without slowing the economic recovery.
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