From Investing.com: 2025-05-23 05:36:00

The dollar rebounded after House approved Trump’s bill, but concerns over ballooning debt remain. Improved PMIs and jobless claims offer support, but fiscal worries linger. Gold rebounds, bitcoin hits new high, oil extends slide. US data boosts dollar, but recovery is short-lived. Risk aversion returns as fiscal anxiety remains high. Wall Street closes higher, but futures point to lower open. Bitcoin hits new high as investors seek alternatives. Oil slides on OPEC headlines, Japan’s inflation accelerates. BoJ may hike rates as inflation rises. OIS market sees 60% chance of rate hike in Japan.



Read more at Investing.com: US Dollar’s Recovery Proves Short Lived as Fiscal Worries Prevail