News with the tag "Rate Cut"

President Donald Trump is continuing his broadside against Jerome Powell, criticizing the Federal Reserve chair for not slashing interest rates. On Thursday, Trump took to his social media platform, Truth Social, to call Powell “a fool” who “doesn’t have a clue.” The day before, the Federal Open Mar...

The crypto industry received a significant legal victory as Ripple CEO Brad Garlinghouse announced on March 19 that the U.S. Securities and Exchange Commission (SEC) had officially dropped its appeal against the company. The announcement came in a video posted on social media platform X, where Garli...

Bitcoin price has surged 3.5% following Wednesday’s FOMC meeting as the US Federal Reserve keeps rates unchanged at 4.5%. However, Arthur Hayes predicts that the Fed rate cuts would likely resume from April 1, which could bode well for BTC and the overall crypto market, moving ahead. Arthur Hayes Pr...

February US job data by the Labor Department showed that the nonfarm payrolls increased by 151K in February, in line with the market expectations. On the other hand, the unemployment rate comes in at 4.1%, sparking market optimism over a potential rally in Bitcoin and altcoin prices. Notably, this d...

Is your portfolio feeling the tremors? The Australian Dollar (AUD) is under intense pressure, sending ripples through the Forex market. Buckle up as we dissect the factors driving this dramatic downturn, from Trump’s tariff threats to the Reserve Bank of Australia’s (RBA) surprising rate cut. Are yo...

Buckle up, crypto and forex traders! The Reserve Bank of New Zealand (RBNZ) is poised to potentially trigger significant waves in the financial markets. All eyes are glued to Wednesday as the central bank is widely tipped to announce another substantial RBNZ interest rate cut . But what does this me...

In a surprising turn of events in the Forex market, the Australian Dollar (AUD) experienced a downturn, defying expectations following a supposedly hawkish Reserve Bank of Australia (RBA) rate cut. Despite the RBA’s efforts to manage inflation and stimulate the economy with a cautious 25 basis point...

Urgent Alert for Forex Traders! The NZD/USD pair is experiencing a sharp decline, hitting levels near 0.5700. This dramatic move comes as financial markets increasingly anticipate a significant interest rate cut from the Reserve Bank of New Zealand (RBNZ). Is this a buying opportunity or a sign of f...

In a surprising turn of events in the volatile world of forex trading, the Australian Dollar (AUD) demonstrated remarkable resilience, trimming its losses despite the Reserve Bank of Australia’s (RBA) anticipated decision to cut interest rates. Did the markets anticipate this move, or is there more ...

In a move that has sent ripples through financial markets, the Reserve Bank of Australia (RBA) has just delivered its first RBA rate cut since November 2020. For those keeping a close eye on global economic trends, particularly within the crypto space, this shift signals a potentially significant ch...