• October 22, 2024

Peanut releases instant offramp

London, United Kingdom, October 24th, 2024, Chainwire Peanut launches a beta of the first self-custodial offramp, allowing users to directly cash out any token on 20+ EVM chains...

  • October 22, 2024

Dollar hits to 2-1/2-month peak as US rates, election eyed

The U.S. dollar rose to a fresh 2-1/2-month high on Tuesday, continuing its recent ascent on expectations the Federal Reserve will temper its interest rate cut path, while investors positioned ahead of an apparently tight U.S. presidential election. The greenback has risen for three straight weeks and is on track for its 15th gain in 17 sessions as a run of positive economic data has diminished expectations about the size and speed of rate cuts from the Fed, which has pushed U.S. Treasury yields higher. The yield on the benchmark 10-year U.S. Treasury note reached 4.222% on Tuesday, its highest since July 26.