Trump softens tone on tariffs
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Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst – Cointelegraph
Bitcoin may have hit bottom, according to Crypto analysts, with US President Donald Trump showing his willingness to ease tariffs and could bounce back to $90,000 after the Federal Reserve resisted short-term pressure. “Bitcoin is trying to form a bottom that will soften his early rhetoric, backed by Trump's recent shift to “flexibility” in mutual […]
EUR/USD softens below 1.0950 as Fed rate decision looms – FXStreet
For Wednesday's Asian session, the EUR/USD edge is around 1.0935. The Fed is expected to leave interest rates unchanged and will update its rate forecast on Wednesday. German parliament approved plans for a massive spending surge on Tuesday. The EUR/USD pair weakened to nearly 1.0935 during Asian trading hours on Wednesday, putting pressure on a […]
EUR/USD softens below 1.0450 on Trump’s tariff threats – FXStreet
The EUR/USD edge fell to 1.0425 in the late US session on Wednesday. The FOMC minutes showed that the Fed wants to spend time before adjusting interest rates. A fresh round of Trump's tariff threat is the weight of the euro. The EUR/USD pair weakens to near 1.0425 during the late US session on Wednesday. […]
USD/INR softens on RBI intervention, investors brace for US CPI release – FXStreet
The Indian rupee gained traction in early European sessions on Wednesday. RBI interventions can help limit INR losses. CPI inflation data for India and the US will be highlighted later on Wednesday. The Indian rupee (INR) is upside down on Wednesday, strengthened by strong intervention from the Reserve Bank of India (RBI). Furthermore, US dollar […]
US Dollar softens ahead of Fed rate decision – FXStreet
The US dollar is stabilizing as analysts are still debating the size of future rate cuts. Traders will likely sit and wait until a decision is made, followed by a press conference from Fed Chairman Powell. The US Dollar Index fell back on Wednesday after a small gain the previous day. Ahead of the Federal […]