USD Strength Tests Crypto: Delta-Neutral Strategies Key

The USD is currently exhibiting notable strength. EUR/USD at 1.1862, well above the 1.08 threshold, indicates a relatively weaker USD. However, USD/JPY at 153.29 significantly exceeds the 150 mark, suggesting substantial strength against the Yen. This mixed picture indicates a USD strength supported by JPY weakness which generally creates a negative environment for risk assets. Crypto traders should be wary and consider adjusting [delta](/glossary#delta)-neutral strategies to account for potential downward pressure and negative funding rates on crypto.