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Month: March 2024

Cryptocurrencies

Fed’s Bostic eyes single rate cut in 2024, credits robust economy

Atlanta Fed President Raphael Bostic reiterated his anticipation just one interest-rate reduction within this year. Also, the first cut could happen later than previously envisioned, as Fed can “afford to be patient” as long as Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Trade of The Week: AUDNZD Trade Breakdown

The Australian Dollar (AUD) rebounds on Monday, despite a slight dip in the US Dollar (USD) and higher US Treasury yields. Investors are eyeing Australian monthly Consumer Price Index (CPI) data for February and US Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

XAUUSD: Markets Slow Down Ahead of NFP

Gold prices rose on Monday as the US Dollar weakened amidst speculation about potential Federal Reserve rate cuts starting in June. This weakened Dollar was partly due to improved risk sentiment pushing US Treasury yields Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Bitcoin halving for beginners: How the process works, impacts price of BTC

Have you been ignoring bitcoin for the past decade or more?  Are you tired of seeing ‘Bitcoin Halving’ trend on social ad nauseam?  Are you a new bitcoin holder facing your first halving?  If you Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Goldman Sachs weighs in on commodity prices ahead of rate cuts

Over extremely long periods – centuries – commodities prices are pure inflation hedges. That means their inflation-adjusted returns are about zero. But over shorter periods, commodity prices are extremely volatile. For example, they tanked in Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Analyst overhauls Nvidia stock price target after conference

Jensen Huang unveiled the future last week — with a little help from his friends. The co-founder and chief executive of Nvidia  (NVDA)  took the stage to deliver the keynote address at the artificial-intelligence-chip maker’s GTC conference Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Aston Martin designer says Tesla ‘pisses off’ its customers with this flaw

Designing a car in the technological age is a game of checking off a checklist of customer wants and needs.  With most of our lives being spent behind a screen of some sort, automakers have Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Stellantis uses sneaky new tactic to lay off corporate employees

Automaker Stellantis  (STLA) , which manufactures top car brands such as Jeep, Chrysler and Dodge, laid off about 400 of its U.S. corporate employees late last week, and it used a sneaky new tactic to Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Apple CEO Tim Cook woos China as part of big Asia pitch

Apple  (AAPL)  shares moved lower Monday, extending a notable 2024 decline for the world’s second-largest company as it balances the challenges of aggressive regulations in Europe and the U.S. and a realigning of its broader Read more…

By , 1 year ago March 26, 2024
Cryptocurrencies

Eco Data 3/26/24

The post Eco Data 3/26/24 appeared first on Action Forex.

By , 1 year ago March 26, 2024

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