Gold (XAU/USD) eases slightly on Thursday as investors reassess the Federal Reserve’s monetary policy outlook after the latest interest rate cut. At the time of writing, the metal is trading around $4,217, giving back part of its post-Fed bounce … [Continue reading]
Japanese Yen bears seem hesitant amid rising BoJ rate hike bets
The Japanese Yen (JPY) stalls its intraday pullback against the rebounding US Dollar (USD) and trades with a mild positive bias during the first half of the European session on Thursday. This marks the second straight day of the uptick and is … [Continue reading]
Japanese Yen extends gains vs bearish USD amid hawkish BoJ stance, dovish Fed outlook
The Japanese Yen (JPY) builds on the previous day's strong move up against a broadly weaker US Dollar (USD) and gains some follow-through positive traction for the second straight day on Thursday. A shift in rhetoric from Bank of Japan (BoJ) Governor … [Continue reading]
EUR/USD hits 8-week high near 1.1700 propelled by Fed’s dovish cut
EUR/USD surged over 0.59% on Wednesday as the Federal Reserve cut rates as expected, in a perceived “dovish hold” which prompted traders to ditch the Dollar and buy the shared currency. At the time of writing, the pair trades near daily highs of … [Continue reading]
Federal Reserve is set for another interest-rate cut amid potentially most divisive meeting in decades
The United States (US) Federal Reserve (Fed) will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025. While the move is widely priced in, this may be overshadowed … [Continue reading]
BoC set to leave interest rate on hold, focus shifts to Macklem speech on hawkish forecasts
The Bank of Canada (BoC) is widely expected to maintain its benchmark interest rate at 2.25% at its meeting on Wednesday. That would follow two consecutive quarter-point rate cuts in September and October.Indeed, the central bank trimmed its … [Continue reading]
EUR/JPY tests long-term highs at 182.60 amid generalised Yen weakness
The Yen remains the worst-performing currency of the G8 majors this week. EUR/JPY downside attempts have been contained above a previous high, at the 182.00 area earlier on Wednesday, and the pair reversed previous losses to retest its highest levels … [Continue reading]
Japanese Yen sticks to modest recovery gains amid firming BoJ rate hike expectations
The Japanese Yen (JPY) remains on the front foot through the Asian session on Wednesday in the wake of Japan’s Corporate Goods Price Index, which exceeded expectations and reaffirmed bets for an imminent rate hike by the Bank of Japan (BoJ). This … [Continue reading]
Bitwise Hougan says indexes are his preferred way of investing in crypto
The crypto market could see a 10-20x growth over the next decade, but correctly predicting which chains or projects will win can be a hassle, according to Bitwise CIO Matt Hougan."Outcomes will be shaped by regulation, execution, macro conditions, … [Continue reading]
Dow Jones Industrial Average stumbles ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) withered on Tuesday, shedding another 120 points in a second straight soft day. Rate-cut-hungry markets hunker down for the wait to this week’s hotly anticipated Federal Reserve (Fed) interest rate cut and … [Continue reading]