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Tag: the federal reserve

Crypto Market Mirrors Early June, Says Matrixport Co-Founder

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto...

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Rising Gold Demand in Poland During Crisis Times: Report

When COVID-19 struck, Poles formed long lines outside gold shops, reports Vanessa Gera for the Associated Press (AP). The trend intensified with Russia’s invasion...

Waiting game: Should buyers purchase now or wait it out?

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and...

Australian Dollar benefits from hawkish RBA, soft PCE data from the US

AUD rose against USD due to US inflation reduction and a potential dovish stance from the Fed. Soft PCE data from the US may benefit...

Prospects for lower mortgage rates grow as inflation eases

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and...

Why Ethereum Could Lead the Next Altcoin Rally?

The cryptocurrency market has turned bearish in the midterm as Bitcoin’s (BTC) price slipped below $61k over the week. The notable cash outflows from...

Canadian Dollar finds thin gains on Friday after Canadian GDP rebounds

Canadian Dollar bolstered by rising market sentiment. Canada posted a 0.3% uptick in GDP, propping up CAD. US PCE inflation also ticked lower, further bolstering rate...

US Dollar closed the week soft, focus is now on labor market data

US Dollar saw a slight dip at the end of the week, clearing daily gains. US Dollar finds support amid high US Treasury yields. May’s PCE...

US Dollar Index climbs to fresh two-month top ahead of the key US PCE data

DXY regains positive traction amid some repositioning ahead of the US PCE Price Index.  The recent hawkish comments by Fed officials back the case for...

Gold remains depressed, lacks follow-through as traders keenly await US PCE data

Gold price struggles to capitalize on the overnight strong bounce from a two-week low. The USD advances to a fresh two-month high and exerts some...

BofA analysts cast doubt on prospects for 2025 rebound

At Inman Connect Las Vegas, July 30-Aug. 1, 2024, the noise and misinformation will be banished, all your big questions will be answered, and...

North Carolina Moves to Ban Central Bank Digital Currencies

. The state of North Carolina is taking a bold stance against central bank digital currencies (CBDCs). On Wednesday, the North Carolina Senate overwhelmingly voted...

Bitcoin and Broader Market Choppy Ahead of US GDP Report – Decrypt

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