AI Stocks Rebound on CoreWeave, Dollar Rallies on Fed: Can Both Moves Last?
Global markets are showing two distinct signs of recovery as strong results from CoreWeave revive confidence in AI-related equities, while hawkish Fed expectations continue to support Dollar’s rally. The two moves respond to different developments, so they can coexist, but higher yields could eventually weigh on technology valuations and AI financing. Nasdaq 26,000 and DXY 103 are the two benchmarks for whether each move can last.
Ethereum Is Just Above 2,000. Could a Breakdown Drag Bitcoin to 69,000 and Below?
Ethereum is testing a key Fibonacci support at 2,000, and a decisive break could be an early warning that selling is spreading across crypto. Bitcoin has held up better, but a breakdown in Ethereum would put its own 69,000 area at risk, with hawkish Fed repricing adding to an already fragile market.
USD/JPY Eyes 159 Breakout as Fed Repricing Meets Japan’s Intervention Threat Near 160
Hawkish Fed repricing is pushing US yields sharply higher, but Japan's intervention threat is holding USD/JPY back as it nears 160. A decisive break above 159.02 would strengthen the bullish case, yet the path higher faces more resistance than the US rate backdrop alone suggests.
Dollar Rebounds as Fed Waller’s Hawkish Warning and Hot CPI Lift Fed Rate Expectations
Dollar strengthened broadly on Tuesday as Fed Governor Christopher Waller’s hawkish policy warning was reinforced by stronger-than-expected US inflation data, prompting markets to price a faster pace of monetary tightening. US two-year Treasury yield surged around 12bps to 4.68%, reflecting a sharp reassessment of near-term Fed policy expectations. However, Dollar’s advance has been relatively restrained, with DXY recovering to around 102.04 but still below last Friday’s close.
