The strongest single week in two months, the dollar rebound logic restarts, risk assets need to be re-priced—on-chain data leads the way, let's see how smart money moves.

ME News reports that on May 15th, the US dollar strengthened, with the dollar index rising over 1% this week, potentially marking the best weekly performance in two months. Two consecutive inflation data releases exceeding expectations have impacted the bond market and also prompted market bets that the Federal Reserve will raise interest rates this year. This contrasts with the widespread expectation of a rate cut last month, as tensions in the Middle East pushed oil prices higher, combined with inflation exceeding expectations boosting the dollar. Source: Jin10.