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Federal Reserve leaves rates unchanged at 4.25%-4.50% as expected. Fed statement removes prior language on inflation progress, signaling a cautious approach. AUD/USD drops to 0.6220 as the US Dollar strengthens post-Fed decision. The AUD/USD pair extended its decline on Wednesday, falling to 0.6220 following the Federal Reserve’s policy decision. As widely anticipated, the Fed left […]
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Este artículo también está disponible en español. The U.S. Senate accepted Donald Trump’s nomination of Scott Bessent, a pro-crypto billionaire hedge fund manager, as the new Treasury Secretary. Bessent had been quite vocal about his positive outlook on the crypto economy, publicly saying that crypto represents freedom and that it is “here to stay.” Interestingly, […]
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The Canadian Dollar lost 0.25% against the Greenback on Wednesday. The Bank of Canada cut interest rates by another 25 bps, to 3%. The BoC also announced the end of its quantitative tightening program. The Canadian Dollar shed one-quarter of one percent against the Greenback on Wednesday, falling back after the Bank of Canada (BoC) […]
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Este artículo también está disponible en español. Dogecoin has managed to sustain a relatively positive position towards the end of January despite the intense volatility throughout the month. With January almost over and the Dogecoin price closing the month on a positive note, the next outlook is what lies ahead for the meme coin and […]
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Australian inflation missed expectations, reinforcing RBA rate cut speculation. US-China trade tensions keep pressure on the Aussie. Markets await the Fed’s decision for further direction. The AUD/USD dropped by 0.57% to 0.6225 on Wednesday, struggling near weekly lows below 0.6250. Softer-than-expected inflation data from Australia strengthened expectations of a February rate cut by the Reserve Bank […]
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Este artículo también está disponible en español. Solana has faced significant downward pressure in the past few days, dropping over 15% as the broader crypto market experiences a selloff driven by speculation and uncertainty. Meme coins, which have been a major catalyst for Solana’s recent growth, are now seeing massive losses, raising concerns about the […]
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David Bailey, a crypto policy advisor and aide to Donald Trump, shared details of his discussion with the President. According to Bailey, Trump is committed to building a pro-crypto environment in the US through policy management. Trump said that Bitcoin will witness unseen highs, and the US is going to ‘outcompete China or any other […]
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After reducing the policy rate by 25 basis points to 3.00% in its January meeting, Bank of Canada Governor Tiff Macklem takes the stage to discuss the bank’s decision, the Monetary Policy Report (MPR), and answer questions from the press. With markets eager for insight, Macklem is expected to provide clarity on the decision and […]
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Sterling under pressure with scant domestic data; focus on upcoming Fed rate decision. Market sentiment favors Fed holding rates steady, with potential cuts later in the year. Investors await Fed Chair Powell’s press conference for clues on future monetary policy. The Pound Sterling extended its losses on Wednesday as the Greenback remains firm ahead of […]
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Este artículo también está disponible en español. Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well. XRP […]
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