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Tag: Gains

France’s right-wing National Rally party gains momentum in first round of elections

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US Dollar consolidates gains after Fed speakers ask for further disinflation – FXStreet

The US Dollar is stagnating as investors analyze recent comments from Federal Reserve officials. The market is skeptical of the Fed’s guidance and continues to expect a rate cut in September. Cautious comments from Federal Reserve officials will limit the dollar’s decline. The U.S. dollar, as measured by the DXY index (DXY), remained relatively unchanged […]

Swiss franc primed for further gains with the SNB on the cards – ForexLive

Although there has been some scuffling so far in June trading, USD/CHF finally fell below a key support threshold yesterday. USD/CHF daily chart The 200-day moving average (blue line) fell back along the 61.8 Fib retracement level of this year’s upward swing. The pair’s decline is noteworthy as downward momentum continues to strengthen after dropping […]

Bitcoin bank proposal gains momentum in El Salvador – Cointelegraph

El Salvador’s pro-Bitcoin President Najib Bukele has proposed establishing a private investment bank in the country that, if approved, would give Bitcoin (BTC) investors access to financial services with fewer regulations compared to traditional banks. “As part of El Salvador’s economic plan, we propose a BPI (Private Investment Bank), which will allow us to diversify […]

Biden's capital gains taxes would boost economic equality: Analysis

An evaluation of the Biden administration’s tax proposal to increase capital gains taxes finds that it could reduce wealth inequality without hurting economic growth. of Studying at American University They examined Biden’s proposed budget, which would raise tax rates on dividends and capital gains from 20% to 39.6%, and concluded that the tax hike would […]

Big Gains for Wilders, Pro-Farmer Party Wins First Seats

Dutch populist leader Geert Wilders declared his party the “biggest winner” in the country’s European elections on Thursday, after exit polls predicted a big gain for his anti-mass immigration party. An exit poll on Thursday predicted that the populist Party for Freedom (PVV) will build on its recent domestic success and secure at least seven […]

AUD/USD trades with mild gains above 0.6650, all eyes on US NFP data – FXStreet

In early Asian trading on Friday, AUD/USD was trading modestly higher around the 0.6670 level. Weak U.S. employment data this week has led to growing expectations that the Fed will cut interest rates in September. The RBA’s Bullock said the central bank would not hesitate to raise interest rates again if inflation remained high. In […]

4 Top Altcoins Set For 100X Gains In June 2024 – CoinGape

The greedy market sentiment driven by the fear and greed index has left altcoins in a profitable position, making it the perfect time to fill your portfolio before the upswing. Moreover, Bitcoin dominance is also trending towards the mean, with Bitcoin price also stabilizing around $68,000, signaling the arrival of altcoin season. Several cryptocurrencies have […]