According to @KobeissiLetter, the Bank of America's fund manager survey indicates that 58% of fund managers believe gold will perform best during a trade war. Despite expectations of a stronger US Dollar in such scenarios, the demand for gold is rising as trade war worries intensify.

According to The Kobeissi Letter, gold prices have increased by approximately 24% since late July, while the US Dollar and 10-year Treasury note yields have risen by about 2% and 8% respectively. This unusual concurrent rise, despite their typical inverse correlation, suggests unique market dynamics that traders should closely monitor for potential shifts in asset correlations and investment strategies.

According to The Kobeissi Letter, since late-July, gold prices have increased by approximately 24%, while the US Dollar has risen by about 2% and the 10-year note yield is up by around 8%. This indicates an unusual pattern where gold and rates/USD, which typically have an inverse correlation, are rising together. This trend is significant for traders as it suggests potential shifts in market dynamics and investment strategies (source: The Kobeissi Letter).

According to André Dragosch, China experienced one of the highest foreign exchange (FX) outflows on record in January. This significant financial movement is pivotal for traders to monitor as it may influence global market liquidity and investor behavior towards digital assets. The outflow could lead to a strengthened US dollar, impacting Bitcoin and altcoin trading dynamics by potentially decreasing their value against the dollar. Market participants should closely observe China’s macroeconomic policies and foreign exchange strategies as these will be critical in shaping future cryptocurrency price trends.

According to Michaël van de Poppe, the cryptocurrency market is experiencing a positive bull cycle for both Altcoins and Bitcoin as the US Dollar hits its lowest point in three months. This environment is conducive to risk-on strategies likely gaining momentum. Source: Michaël van de Poppe (@CryptoMichNL)

According to Eleanor Terrett, Jerome Powell, the Chair of the Federal Reserve, has committed to not allowing the implementation of a Central Bank Digital Currency (CBDC) during his tenure. This decision may impact trading strategies involving the US dollar and digital currencies by maintaining the current monetary policy structure without introducing a CBDC. Market participants should consider the implications for USD stability and digital currency competition.

According to Paolo Ardoino, the significance of Tether ($USDt) in maintaining US Dollar hegemony and promoting financial inclusion, especially in emerging markets, was discussed in a recent NYSE TV appearance. This focus on Tether's utility in global markets is crucial for traders considering its impact on dollar-pegged assets and currency stability.

According to Justin Sun's recent tweet, USDD continues to maintain its peg with the US dollar, which is critical for traders relying on stablecoin stability for crypto transactions.

According to Michaël van de Poppe, the U.S. dollar and yields are showing signs of weakness, which may lead to subdued trading sessions for Bitcoin and altcoins during European hours. However, there is an anticipation of increased trading momentum once the U.S. trading session opens each day, potentially affecting volatility and trading strategies.

According to CryptoMichNL, European economies are showing signs of weakness as most PMI data came in below 50 and lower than expected. Conversely, the US economy remains resilient with very positive data, leading to a stronger dollar. This scenario is likely to result in a risk-on environment, causing sell-offs in assets such as Bitcoin.