The US greenback has been on the up in 2022. What’s subsequent for the buck, gold and the cryptocurrencies?
The USA greenback is stronger now than it has been for 20 years.
That’s due to the Federal Reserve. When the Central Financial institution raises rates of interest, it makes the buck extra interesting to traders across the globe.
However the world economic system is teetering on a cliff edge. And as fears mount of a worldwide recession, {dollars} are seen as a secure place to carry your cash.
On Counting the Value, we ask: How have rising charges and a robust greenback negatively affected gold’s efficiency? Can crypto nonetheless be thought-about a hedge in opposition to inflation? And might it carry again traders after the FTX collapse?