US Rate Hike Concerns Shake Global Bond Markets

US interest rate hike concerns may support the DXY by increasing safe-haven demand. Technical indicators are already positive: the price is above the SMA20 and SMA50, and the RSI at 64 is strong but close to overbought territory. The MACD is slightly above the signal line, indicating positive momentum. In the short term, an upward move toward the 99.50 resistance is possible, but the RSI approaching overbought levels suggests limited upside potential. Nevertheless, rate hike expectations stand out as the main factor supporting the dollar.

XRP is trading at 1.3495, down 2.98% in the past 24 hours, and is below its 20-day simple moving average (SMA20) of 1.3549 and significantly below its 50-day SMA (SMA50) of 1.3881. The relative strength index (RSI) at 40.5 confirms weak momentum, while the moving average convergence divergence (MACD) is in negative territory and slightly below its signal line. Concerns over U.S. interest rate hikes could dampen risk appetite and lead to selling in crypto assets; stress in the bond market increases demand for safe havens. In the short term, support at 1.34 is critical; a close below this level could accelerate the decline. However, the news may already be priced in, so it is important not to be overly aggressive.

Brent crude has surged sharply by 6.8% in the last 24 hours to reach the 108 level, with the RSI at 65.6 approaching overbought territory. While US interest rate hike concerns shake global bond markets, a strengthening dollar and recession fears could weigh on commodity demand. In the short term, profit-taking and correction risks are prominent; however, geopolitical supply risks and a strong trend (price above SMA20 and SMA50) may limit the downside. MACD is in positive territory and slightly above the signal line, and although momentum is weakening, no sell signal has yet emerged. Therefore, I expect a downward bias in the 1-3 day outlook, but a limited pullback is more likely than a sharp decline.