The Australian Dollar (AUD) stages a comeback versus the Greenback (USD) on Friday, and it remains set to finish the week with decent gains. Overall…
Bitcoin fails to recoup post-Fed losses as $20K BTC price returns to radar
Bitcoin is a bargain for some at current levels, but downside BTC price predictions remain firmly on the agenda. Bitcoin BTC $26,585 circled lower after the…
Kokusai Electric plans an $860 million IPO on the Tokyo Stock Exchange
Kokusai Electric, a Japanese firm specializing in semiconductor production equipment, is set to launch an initial public offering (IPO) on the Tokyo Stock Exchange on…
BoE Preview: A hike would provide GBP/USD with some much-needed support.
The dramatic repricing of the Bank of England tightening cycle has taken its toll on Sterling over recent weeks. Economists at ING analyze the GBP outlook ahead of the interest…
Bitcoin’s dominance rises with ETF approvals and regulatory clarity
Bitcoin (BTC) has further solidified its position as the leading cryptocurrency, with its market dominance climbing to 50.2% as of Monday, September 18, 2023. This…
The USD/CHF spiked to the mid-0.9000s, the highest since June 13, in reaction to the SNB’s unexpected pause.
The USD/CHF pair caught aggressive bids during the early part of the European session on Thursday and rallied to its highest level since mid-June after…
EUR/USD, GBP/USD, USD/JPY, USD/CAD: Fed hawkish pause
The Fed is set to upgrade GDP and lower core inflation forecasts for this year. The US dollar continues to be one of the strongest currencies…
Powell adopts a hawkish tone, but DXY anticipates a potential retracement in the US dollar’s forecast
US DOLLAR PROJECTIONS: FORECAST FOR USD: NEUTRAL Despite Powell’s hawkishness, the Dollar Index (DXY) Ends its Sixth Straight Week of Gains with a Whimper. The…
For five to ten years, cryptocurrency developers should stop catering to US clients, says the founder of DYdX.
The founder of dYdX suggested that because they won’t have to deal with the complications of the U.S. regulatory environment, early-stage cryptocurrency projects may develop…
Global economic problems and the Fed’s aggressive stance cause the GBP/USD to drop to two-month lows.
As a result of worries about the status of the world economy and China’s real estate sector, the GBP/USD exchange rate declines by 0.18%. Powell’s…