- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Goldman Sachs: Trump's Firing of US Labor Department Head is Negative for the Dollar

By: theblockbeats.news|2025/08/04 13:52:15

BlockBeats News, August 4th, the US dollar continued its decline from Friday as the market's expectations for a September rate cut by the Federal Reserve increased, and concerns about the reliability of US data intensified.

Goldman Sachs analysis pointed out that President Trump's replacement of the Commissioner of the Bureau of Labor Statistics (BLS) may undermine the market's confidence in US policy credibility, prompting investors to reassess their risk mitigation strategies. The bank expects the US dollar to weaken further, with particular pressure on the USD/JPY exchange rate. (Bloomberg)

Two Whale Addresses Have Increased Their Holdings by 39,921 ETH in the Last 6 Hours, Equivalent to around $142 Million

Indian entities and retail investors collectively hold approximately 1 million BTC, second only to the United States