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EUR/USD bounces back as investors digest Fed's hawkish guidance – FXStreet

EUR/USD rebounded to around 1.0400 as the US dollar took a breather after the rally caused by the Fed's hawkish guidance. Fed officials expect to cut rates only twice in 2025, fewer than the four originally expected. ECB President Bunsch said he was satisfied with market expectations for four 25 basis point rate cuts in […]

USD/JPY pullback stalls above 153.00 with investors awaiting the Fed – FXStreet

Ahead of the Fed's decision, attempts to recover the Japanese yen remain limited. Investors are bracing for a 25bps rate cut along with hawkish forward guidance. In Japan, the Bank of Japan is expected to keep interest rates unchanged on Thursday. The US dollar continues its uptrend from early December lows. The reversal from the […]

Asia-Pacific markets trade mixed as investors look toward Fed decision – CNBC

Cityscape of skyscrapers at dusk as seen from Victoria Peak in Hong Kong, China, July 23, 2023. Future Publishing | Future Publishing | Getty Images Asia-Pacific markets opened mixed on Tuesday, with Wall Street posting mixed gains as investors focused on the US Federal Reserve's decision. Australia's S&P/ASX 200 traded 0.73% higher. Japanese Nikkei Stock […]

JESSE WATTERS: Investors see SoftBank come in like this and they want to get in too

Jesse Waters: The president was at home for this weekend's Army-Navy game. And we're not talking about Biden. And then our producers learned that Biden never attended an Army-Navy game as president. It's kind of weird, isn't it? Perhaps he was afraid of the “boo bird”. Anyway. 47 brought the entire crew. JD, Elon, Vivek, […]

Unrivaled’s star-studded list of investors shows how big-time the league is

Unrivaled announced Monday morning that the league has closed its Series A investment round. The list of investors is, as you might expect, star-studded. milwaukee bucks Star athlete Giannis Antetokounmpo, world-renowned swimmer Michael Phelps, South Carolina women's basketball head coach Dawn Staley, and University of Southern California guard JuJu Watkins are the new 3-on-3 women's […]

DOGE Drains Banking Swamp as Wall Street Pepe Investors Cheer – Bitcoinist

As $WEPE fans cheer, Donald Trump's team intends to consolidate or abolish some long-standing banking watchdogs, the WSJ reports. The inauguration of President-elect Donald Trump suggests promising predictions regarding cryptocurrency regulation in the United States. Currently, the newly formed Department of Government Efficiency (DOGE), backed by President Trump's right-hand man and meme king Elon Musk, […]

Why investors should move out of excess cash in 2025, according to experts – CNBC

Many on Wall Street are warning that investors may need to reconsider their cash allocation heading into 2025. Yields on cash-equivalent investments such as money market funds, certificates of deposit, and Treasury bills follow movements in Federal Reserve interest rates. The central bank is widely expected to meet next week and cut rates by another […]