May 9, 2025
First time since early February, Bitcoin retakes $100,000 on global trade deal optimism
Bitcoin topped $100,000 for the first time since early February, bolstered by a wide-ranging deal between the United States and the United Kingdom in a sign that perhaps U.S. President Donald Trump’s trade war with the rest of the world is easing.
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May 8, 2025
World stocks lose ground in choppy trade as Fed keeps rates unchanged
World stocks lost ground while U.S. Treasury yields had mixed reactions and the dollar gained some ground in choppy trading after the Federal Reserve left interest rates unchanged and warned of higher inflation and labor market risks.
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May 8, 2025
Fed leaves rates unchanged, cites rising risk of higher inflation and unemployment
The Federal Reserve held interest rates steady but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank grapples with the impact of Trump administration tariff policies.
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May 8, 2025
Dollar retains strength against peers after Fed rate decision
The U.S. dollar remained slightly stronger against major currencies including the yen and the euro after the Fed left interest rates unchanged, in line with market expectations. The Fed kept its benchmark interest rate steady in the 4.25%-4.50% range.
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May 7, 2025
EUR extends gains after Merz elected German chancellor
The dollar fell broadly on worries that U.S. President Donald Trump’s touted trade deals have yet to materialize, while the euro extended gains after the German parliament elected conservative leader Friedrich Merz as chancellor. The Euro gained 0.5% against the Dollar in the last session. According to the Stochastic-RSI, we are in an overbought market.Support: […]
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May 7, 2025
Oil rises 3% on signs of more Europe and China demand
Oil prices climbed about 3% on signs of higher demand in Europe and China, lower production in the U.S., tensions in the Middle East and as buyers emerged the day after prices fell to a four-year low. The Oil-Dollar pair skyrocketed 3.2% in the last session. The Stochastic indicator is giving a positive signal.Support: 54.576 […]
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