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How does the Fed react to Trump's trade war?
How does the Fed react to Trump's trade war?
May 27, 2025
The Federal Reserve warned against increasing economic risks when it decided to hold interest rates unchanged in May. Fed Chair Jerome Powell focused on uncertainty for the worlds largest economy following Trumps aggressive tariff decisions during his post-Fed meeting speech this month. Now markets expect two interest rate cuts overall this year, with some even thinking that this is overly...
Australian inflation beats estimates in April
Australian inflation beats estimates in April
May 28, 2025
Australias consumer prices rose 2.4% y/y in April, beating estimates of 2.3%, and same as the previous reading. The data showcases the impact of inflationary pressures on Australian monetary policymakers, and huts the odds of an Australian rate cut in July. Do you need help in trading decisions? Do you want to learn how to start trading? Join Economies.com VIP...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
Euro backs off four-week high on profit-taking
Euro backs off four-week high on profit-taking
May 28, 2025
The euro fell in European trade on Wednesday against a basket of major rivals, extending losses for the second straight session against the US dollar and backing off a four-week high on profit-taking. Hot inflation data and bullish remarks from ECB officials led to divisions among policymakers on the rate decision in June, with investors awaiting German and Spanish inflation...
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Cardano Price Analysis: Bullish Signs for ADA Following 30% Weekly Surge
Cardano Price Analysis: Bullish Signs for ADA Following 30% Weekly Surge
Jan 6, 2025
Cardano has been one of the coins to watch during the recent bull run and is currently showing promising signs of continuing higher. By Edris Derakhshi (TradingRage) The USDT Paired Chart The ADA/USDT’s daily chart demonstrates interesting price action. The asset has been declining gradually since getting rejected by the $1.2 resistance level. However, the market has experienced a quick...
Brad Garlinghouse Applauds ‘Trump Effect’ as Ripple Gains Ground in US Deals
Brad Garlinghouse Applauds ‘Trump Effect’ as Ripple Gains Ground in US Deals
Jan 6, 2025
As Donald Trump prepares to take office, many expect his presidency to drive growth in the crypto market. His commitments are already creating momentum for US-based crypto businesses. Ripple CEO Brad Garlinghouse, for one, announced that the company achieved significant progress in late 2024. In fact, the entity has signed more US deals in the final six weeks of the...
Here’s What ETH Has to Do to Tap $4K Again: Ethereum Price Analysis
Here’s What ETH Has to Do to Tap $4K Again: Ethereum Price Analysis
Jan 6, 2025
Ethereum’s price is finally showing signs of bullish continuation after reclaiming a key level. However, there is still work to do for the market to pave its way toward a new all-time high. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart On the daily chart, the price has rebounded from the $3,200 support level and broke $3,500 to the...
Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase
Bitcoin Price Skyrockets Above $100K as MicroStrategy Announces Latest Purchase
Jan 6, 2025
It has taken roughly three weeks for bitcoin to come out of the woods, skyrocket past $100,000, and tap a yearly peak of over $101,000. This came after the most recent MicroStrategy purchase, which is sort of unexpected given the developments after the previous such occasions. CryptoPotato reported last Monday, just after the NASDAQ-listed giant announced its then-latest BTC purchase,...
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