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EUR/USD stays close to 1.1670 as the Fed maintains current interest rates

EUR/USD drops to around 1.1850 because of increased safe-haven interest

The EUR/USD pair is currently trading negatively, remaining flat after the Federal Reserve opted to keep interest rates unchanged in their latest meeting. As of now, the pair is around 1.1670, down about 0.48%, with many traders focusing on Chairman Powell’s upcoming press conference. Fed Monetary Policy Statement In its monetary policy statement, the Fed […]

Bitcoin ETFs drive institutional interest, 21Shares’ CIO believes $100K achievable by year-end

Bitcoin ETFs drive institutional interest, 21Shares' CIO believes $100K achievable by year-end

Latest Developments ETF inflows indicate a renewed confidence among traditional investors. According to Adrian Fritz from 21Shares, the Spot Bitcoin ETF has taken in roughly $2 billion so far this year, as shared on CoinDesk’s PublicKey. There’s rising interest from retail and institutional investors, with hedge funds employing arbitrage and options strategies. Major asset managers, […]

EUR/USD drops close to 1.1700 before Fed interest rate decision

Euro declines to around 1.1900 as traders anticipate US data

EUR/USD Outlook Amid Middle East Tensions The EUR/USD is currently trading lower, around 1.1715, as Asian markets open on Wednesday. The ongoing uncertainty regarding a potential ceasefire in the Middle East is bolstering the U.S. dollar as a safe-haven currency against the euro. Investors are keenly awaiting the U.S. Federal Reserve’s interest rate decision later […]

Interest rates worldwide, Robinhood, Galaxy earnings: What to expect in Crypto Week

Interest rates worldwide, Robinhood, Galaxy earnings: What to expect in Crypto Week

Market Update: Noteworthy Developments in April As April wraps up, several significant macroeconomic events have taken place. This week, the four key central banks—the Bank of Japan, US Federal Reserve, European Central Bank, and Bank of England—announced their interest rate policies. Additionally, a wave of U.S. economic data has emerged, including first-quarter GDP figures and […]

Two Individuals Who Planned to Assassinate Trump Share a Common Interest in Ukraine

Two Individuals Who Planned to Assassinate Trump Share a Common Interest in Ukraine

A Blue Sky account linked to Cole Allen, the shooter at the White House Correspondents’ Association Dinner, suggests he was a strong supporter of Ukraine—a sentiment also shared by the man who attempted to assassinate former President Donald Trump. Allen, a teacher from California, reportedly labeled Trump a “sociopath mob boss” on a left-leaning social […]

Fed nominee Kevin Warsh to undergo Senate questioning on autonomy and interest rates

Fed nominee Kevin Warsh to undergo Senate questioning on autonomy and interest rates

Warsh Faces Senate Scrutiny in Fed Nomination Hearing Kevin Warsh, chosen by President Trump to head the Federal Reserve, is anticipated to encounter significant scrutiny during his confirmation hearing on Tuesday before the Senate Banking Committee. His commitment to maintaining independence and potential interest rate cuts are likely to be central topics of discussion. Warsh, […]