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WebThe Pound drops below its long-run average as the Fed's rate passes Britain's
15+ min ago (329+ words) Resistance: 1.3400, which the Pound traded through on Wednesday, then the 200-day Exponential Moving Average (EMA) just under 1.3450, then 1.3500, where the rally on the inflation release ended. Support: Wednesday's low just above 1.3350, then 1.3300, the base the pair left in early August....
AUD/USD Falls Below 0.71 as Fed Hike Shrinks Australia’s Rate Edge
19+ min ago (92+ words) TechStock²...
Fed Hikes Rates for First Time Since 2023 as Bitcoin Surges
32+ min ago (599+ words) Home > Bitcoin News > Fed Hikes Rates for First Time Since 2023 as Bitcoin Surges The U.S. Federal Reserve raised borrowing costs this Wednesday, marking the first time the Fed raises rates since 2023. The decision set the benchmark interest rate within a range…...
Gold and silver turn lower after Fed raises rates as expected (GLD:NYSEARCA)
50+ min ago (31+ words) Gold and silver gave up earlier gains after the Federal Reserve raised interest rates for the first time since 2023 and signaled that more tightening may be needed to contain inflation....
Here’s What Fed Rate Hike Means For Your Wallet | CDN
1+ hour, 4+ min ago (540+ words) The Federal Reserve’s Wednesday interest-rate hike could make carrying credit-card balances and taking out some new loans more expensive, while potentially delivering slightly higher returns to savers. A quarter-point increase will lift the Fed’s target rate to 3.75% to 4%, but the…...
Trump Says Interest Rates Should Be 1%
1+ hour, 15+ min ago (117+ words) “President Donald Trump demanded an interest-rate cut after the Federal Reserve raised rates by a quarter percentage point, defying his repeated calls for lower borrowing costs,” Bloomberg reports. Said Trump, on social media_ “Interest Rates in the United States should be…...
Fed under pressure to hike rates after August CPI surpasses target
5+ day, 12+ hour ago (83+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
New Zealand GDP in the barrel with the Kiwi at July lows
1+ hour, 21+ min ago (408+ words) New Zealand reports second-quarter growth later on Wednesday, or early on Thursday depending on where you are relative to the international date line, and the forecast is 0.1% for the quarter, down from 0.8% in the first three months of the year....
Trump says US interest rates should be 1% or lower
1+ hour, 49+ min ago (88+ words) Sept 16 (Reuters) - President Donald Trump said on Wednesday that interest rates in the United States should be 1% or lower and that rates should be cut fast. (Reporting by Ismail Shakil and Bhargav Acharya; Editing by Daphne Psal... Trump says US…...
The Australian Dollar continues to slide as the Fed enters hike country
1+ hour, 39+ min ago (324+ words) Resistance: The 50-day Exponential Moving Average (EMA) near 0.7100, which had held as a floor since early August until Wednesday, then 0.7150, then the September high near 0.7250. Support: Wednesday's low just above 0.7050, then 0.7000, which is the last round level before the July…...