The U.S. dollar rose in early European trading on Wednesday but remains near seven-month lows, as the Federal Reserve minutes […]
Dubai Admits Cryptocurrencies as Legitimate Salary Payment
Dubai’s justice administration has officially recognized the use of cryptocurrencies as a valid means of paying salaries. The landmark decision, […]
Dollar Declines on Rate Cut Expectations, Euro Near Yearly Highs
The U.S. dollar declined on Tuesday, approaching seven-month lows amid expectations that the Federal Reserve will cut interest rates in […]
Bitcoin Accumulation Initiatives in US Politics
At the recent Bitcoin2024 event, two U.S. political figures proposed significant initiatives regarding the accumulation of Bitcoin (BTC) as a […]
Market Highlights for the Week: Powell, Dems, PM
The future path of U.S. interest rates may become clearer this week when Federal Reserve Chairman Jerome Powell delivers his […]
Dollar Gains Bearish Momentum, Pound Reaches One-Month Highs
The U.S. dollar fell ahead of the release of the Federal Reserve’s July monetary policy meeting minutes and Chairman Jerome […]
U.S. Inflation Slows in July to 2.9%, Bitcoin Dips Below $61,000
U.S. inflation showed signs of slowing in July, aligning with economists’ estimates and paving the way for a possible interest […]
U.S. Inflation Rose Less Than Expected in July, CPI Increased by 2.9% Annually
U.S. consumer prices increased in July at a slower-than-expected annual rate, raising the likelihood that the Federal Reserve will begin […]
Dollar Awaits CPI, Pound Falls
The U.S. dollar stabilized on Wednesday, benefiting from the previous night’s weakness ahead of the release of the July Consumer […]
U.S. Wholesale Inflation Moderated in July, Sign of Easing Price Pressures
U.S. wholesale price increases slowed in July, indicating that inflationary pressures are moderating as the Federal Reserve (Fed) moves closer […]