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May 14th, after the United States released lower-than-expected inflation data on Tuesday, Trump again called for a rate cut, and the dollar continued to be under pressure. Trump once again accused Federal Reserve Chairman Powell of cutting interest rates "too late." Thu Lan Nguyen, head of foreign exchange and commodity research at Commerzbank, said in a report that at first glance, the decline of the dollar after the data seemed logical given the prospect of a faster rate cut by the Federal Reserve. However, this may also reflect the fact that Trump will feel that he is right given the lack of tariff effects in the data.According to AFP: Diplomatic officials said the European Union agreed to impose a 17th round of sanctions on Russia.According to NHK, the local fire department received a call saying that something like an airplane crashed into a pond in Inuyama City shortly after 3 p.m.Germanys DAX30 index opened up 25.61 points, or 0.11%, at 23,645.20 points on May 14 (Wednesday); Britains FTSE 100 index opened down 18.25 points, or 0.21%, at 8,584.67 points on May 14 (Wednesday); Frances CAC40 index opened up 2.19 points, or 0.03%, at 7,876.02 points on May 14 (Wednesday); Europes STOXX 50 index opened down 3.86 points, or 0.07%, at 5,412.35 points on May 14 (Wednesday); Spains IBEX35 index opened down 1.63 points, or 0.01%, at 13,769.97 points on May 14 (Wednesday); Italys FTSE MIB index opened up 42.51 points, or 0.11%, at 40,120.00 points on May 14 (Wednesday).According to Japan Broadcasting Corporation NHK: There were two people on board the missing training aircraft of the Japan Self-Defense Forces.

ETH Fails to Make a Move ahead of Testnet Launch with Powell in Focus

Skylar Shaw

Feb 02, 2023 15:49

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Tuesday, Ethereum (ETH) increased by 1.21%. ETH concluded the month up 32.64% at $1,585, partially correcting a 4.80% decline from Monday.


ETH dropped to a low of $1,561 in the middle of the morning after a mixed morning. The First Major Support Level (S1) around $1,518 was avoided, and ETH climbed to a high of $1,605 in the late afternoon. ETH slipped down to close the day at less than $1,600 after failing to reach the First Major Resistance Level (R1) at $1,631.


Bitcoin (BTC) increased by 1.34% on Tuesday. BTC closed the month up 39.67% to $23,135 after somewhat rebounding a 3.86% decline from Monday. The month of BTC was the greatest since October 2021.


As the day got off to a mixed start, BTC dropped to an early low of $22,730. BTC rose to a late high of $23,297 while avoiding the First Major Support Level (S1) at $22,292. BTC pulled slightly after falling short of the First Major Resistance Level (R1) at $23,577 to conclude the session at $23,135.