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Tag: the federal reserve

Analyzing the Impact of the Latest FOMC Meeting on Bitcoin and Cryptocurrency Markets

The Federal Reserve’s decision for May is finally out. Today’s FOMC meeting led to the decision to maintain interest rates unchanged. Undoubtedly, the cryptocurrency...

GBP/USD Outlook: Pound Holds Firm Against Weakening Dollar

The dollar fell Wednesday as investors absorbed the Fed’s policy meeting outcome. Powell maintained that the Fed’s next move would be a rate cut. British manufacturing...

Bitcoin Slide Over? Analysts Unanimously Call $56,000 The Bottom

Bitcoin (BTC) has been battered by a relentless bear market over the past month, with its price tumbling 20% from its record highs. However,...

Here’s When Bitcoin Could Halt the ‘Slide’ and Start To Pump, According to On-Chain Analytics Firm Santiment – The Daily Hodl

The director of marketing at blockchain analytics firm Santiment, Brian Quinlivan, is listing two developments that could ignite a recovery in the price of...

Investors Heave a Sigh of Relief After the Fed Avoids Hiking Rates

On Wednesday, the Federal Reserve concluded its latest FOMC meeting by keeping interest rates unchanged, maintaining the target range at 5.25% to 5.5%. This...

Bitcoin slides, Fed keeps interest rates steady

Bitcoin price dropped to as low as US$56,600 on Wednesday leading to the FOMC meeting, where the central bank left its interest rates unchanged...

Dow Jones struggles to recover from recent backslide as Fed rounds corner

Dow Jones stuck near recent lows as Fed looms. Equities are mixed as markets await Fed policy guidance. NFP Friday will solidify market outlook on US...

Mexican Peso gains against US Dollar ahead of key FOMC decision

Mexican Peso edges up 0.50% against the US Dollar as traders await the Federal Reserve's policy announcement. Mexico's Q1 2024 GDP growth slows to 1.6%...

USD/JPY calm ahead of Fed decision – MarketPulse

Japanese yen is trading quietly on Wednesday. USD/JPY...

Ethereum ($ETH) Price Drops Over 6.7% In a Day. Why is it Down?

The price of the second-largest cryptocurrency by market capitalization Ethereum ($ETH) is down by more than 6.7% over the last 24-hour period amid a...

Fintech Nexus Newsletter (April 29, 2024): Custodia Bank appeals ruling on Fed master account case

Caitlin Long, the CEO and founder of Custodia Bank, has been fighting for access to the Fed payments system for many years. Custodia first...

Australian dollar extends gains as PPI surges – MarketPulse

The Australian dollar has posted four straight winning...

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