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.
Bitcoin’s(btc) recent performance is an indication that there is currently a weak appetite for risk. This could be due to a variety of factors, such as economic uncertainty or political instability. Whatever the reason, it’s important to keep an eye on Bitcoin and other cryptocurrencies as their prices may be more volatile than usual. In…
Coinbase, one of the largest US-based cryptocurrency exchanges, is facing a probe by the US Securities and Exchange Commission (SEC) over its crypto listings. The US Securities and Exchange Commission is said to be launching a probe, according to Bloomberg. As of yet, there are no further details. Coinbase is under investigation by the US…
Inflation in the United Kingdom continues to surge as food and energy prices hit new 40-year highs. This surge has caused many people to struggle with their finances and has put a lot of pressure on the government to take action. LONDON — U.K. inflation continued to rise in July, as prices for food and…
There’s a big unwind of all kinds of safe-haven trades at the moment. Stocks are roaring and the US dollar is sinking across the board. However the biggest moves are in crypto with bitcoin up 9% and ethereum up a whopping 16%. The change happened after Powell talked about the low chances of another 75…
Eurusd slack near all time low since 14th July 2022. After testing support since 11th May 2022. The comming support is 0.9952 and then Trendline since March 2004. According to the Economic Calender PMI data ahead tomoroow which is expecting strong for the Euro. Euro must recover near ATL since 14th July. Because of its…
Australia is set to improve its regulatory system around crypto assets. The move comes as the country looks to better protect investors and ensure that businesses operating in the space are compliant with anti-money laundering and counter-terrorism financing laws. The Australian Treasury will token map the Australian crypto market ths year: Australian Treasurer Chalmers: “The…