The Federal Open Market Committee (FOMC) concluded its June 14, 2023, meeting with several key takeaways that shed light on the future of U.S. monetary policy. We will dissect the key points and implications of this meeting, highlighting the decisions made by the FOMC and the insights provided by Fed Chair Jerome Powell during the press conference.
Watch FOMC live here.
Most parts of Balochistan have been without gas and electricity supply for the past six days as the unprecedented floods triggered by the above-normal monsoon rains caused widespread devastations and badly disrupted daily life in the calamity-hit province. With four more fatalities during the past 24 hours, the death toll from torrential rains and flash…
India’s anti-money laundering agency, Enforcement Directorate (ED), raided the premises of CoinSwitch Kuber, one of the largest local cryptocurrency exchanges, after receiving reports of forex law violations.
XAUUSD(GOLD) has finally broken the $1,700 resistance reaching the highest level since 2012. The strong rally continues since last week, while central banks are increasingly fighting the possibility of recession triggered by the global pandemic with stimulus packages and increasing money supply. The interest rates around the world are already at rock bottom, and people…
The USD is currently the strongest out of all the major currencies, but the NZDUSD is the most volatile at the moment as risk-averse sentiment is causing that pair to sharply decline. The NZDUSD fell below a key support level at 0.60511 after stalling near a swing area between 0.6155 and 0.61664. The price came…
Twitter’s long-awaited edit button is finally here… but there’s a catch. The feature isn’t free to use. In order to access it, users will need to pay a small fee. This news may come as a disappointment to many, who have been waiting for the edit button to be rolled out for years. But it’s…
The crypto markets have taken a beating over the past few days, with Bitcoin (BTC) leading the charge downward. BTC slid to 6-week lows on Sunday, losing over $60 billion in market value. The sell-off appears to have been driven by a combination of factors, including BTC’s struggle to break above the $10,000 level and…