The USD/ZAR exchange rate wavered after the Federal Reserve slashed interest rates for the first time this year. It was trading at 17.4280 up from the year-to-date low of 17.28. It remains down by nearly 13% from the YTD high. Federal Reserve interest rate decision The USD/ZAR exchange rate rose slightly after the Federal Reserve
The crypto market remained under pressure after the Federal Reserve delivered its interest rate decision. Bitcoin remained at $116,000, while the market capitalization of all coins moved to $4.1 trillion. This article provides the forecast for some top tokens like Pi Network (PI), WorldCoin (WLD), and Pump (PUMP). PI network price technical analysis The daily
The FTSE 100 Index is doing well this year, despite the UK economy facing stagflation, high interest rates, and a risky doom loop. It has jumped by over 20% from the lowest level this year as investors wait for the upcoming BoE interest rates decision. FTSE 100 Index thrives despite the UK doom loop The
Rheinmetall share price has pulled back in the past few days as investors reflect on the recent buyout of NVL, a top warship company. It was trading at €1,905, a few points below the year-to-date high of €1,985. So, is this overvalued military company stock a good buy? Rheinmetall share price has surged this year
The Norwegian krone is in a strong bullish trend this month, helped by the ongoing dollar weakness. The USD/NOK pair plunged in the last six consecutive weeks and moved to its lowest level since January 2023. It is down by over 15% from the highest point this year. Norges Central Bank interest rate cut The
The Circle stock price has pulled back in the past few months, moving from the record high of $298.54 in June to $130 today, erasing billions of dollars in value. This article explores what to expect now that the Federal Reserve has started cutting interest rates. Federal Reserve interest rates and stablecoins Circle, the second-biggest
The USD/JPY exchange rate pulled back this week as focus shifted to the upcoming Federal Reserve and Bank of Japan (BoJ) interest rate decision. It fell to a low of 146.25, down by almost 3% from its highest level in July. Federal Reserve interest rate decision The USD/JPY exchange rate pulled back sharply as traders
SLV silver ETF hit a fresh 14-year high on Tuesday as a weaker US dollar and a decline in Treasury yields bolster precious metals’ rallying. Investors have already priced in a September Fed rate cut of a quarter basis points. However, they are still seeking clues on the number of subsequent cuts before the year
Baidu stock price surged in Hong Kong on Wednesday, reaching its highest level since September 2023 as investors cheered its semiconductor investments and as Chinese technology companies soared. It is in its fourth consecutive week of gains and has jumped by almost 80% from the lowest level this year. Baidu stock price jumps after analysts
Bitfarms stock price has gone parabolic in the past few days, soaring to a high of $2.90, its highest level since July last year and 350% above its lowest level this year. This surge has brought its market capitalization to over $1.6 billion. Bitfarms stock price analysis The daily timeframe chart shows that the BITF