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Month: March 2024

Cryptocurrencies

BoJ’s Historic Hike Fails to Lift Yen, RBA’s Cautious Stance Weighs on Aussie

Yen declines broadly in a classic “sell-on-news” reaction following BoJ’s landmark decision to exit its eight-year negative interest rate policy and announce its first rate hike in 17 years. Although the immediate economic impact of Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

BoJ ends YCC and negative rates as they have fulfilled their roles

In a landmark decision that marks a significant shift in Japan’s monetary policy, BoJ announced the termination of its Yield Curve Control framework and negative interest rate policy, signifying that these measures “have fulfilled their Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

RBA stands pat, not ruling anything in or out

RBA has opted to maintain cash rate target unchanged at 4.35% today, aligning with broad market expectations. The central bank’s stance reflects a cautious approach, emphasizing the prevailing uncertainty in both the global and domestic Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

(RBA) Statement by Michele Bullock, Governor: Monetary Policy Decision

At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation continues to Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

Crude Oil Price Reclaims $80, Can Bulls Push It To $85?

Key Highlights Crude oil bulls are eyeing an upside break above the $82.80 resistance. There was a break above a major bearish trend line with resistance at $79.45 on the 4-hour chart. Gold prices started Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

Superstar R&B group extends Las Vegas Strip residency again

When a pop, rock, R&B or country performer is hot, like Taylor Swift, the Rolling Stones, Usher or Garth Brooks, they will sell out stadiums and arenas with ease. On occasion, an artist considered a Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

This $200 cordless vacuum that’s ‘on par with Dyson’ is $60 off ahead of Amazon’s Big Spring Sale

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Instead of lugging around a heavy upright vacuum searching for an Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

U.S. TikTok ban is less likely than Bytedance selling app, social media expert says

TikTok has already been at least partially banned in 13 countries, and that number might go up to 14 if the United States Senate passes the Protecting Americans from Foreign Adversary Controlled Applications Act. Marc Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

AUD: Markets Prepare for RBA Rates Statement.

The Reserve Bank of Australia (RBA) is widely anticipated to maintain its current interest rates at 4.35% following its two-day meeting concluding on Tuesday. Despite holding rates steady since December, the RBA has hinted at Read more…

By , 1 year ago March 19, 2024
Cryptocurrencies

BOJ Policy Rate – USDJPY Technical Analysis

BOJ Policy Rate The Bank of Japan is scheduled to announce its Policy Rate, Monetary Policy Statement, and BOJ Press Conference. Japan has held its interest rates at record-low levels for almost 17 years. The Read more…

By , 1 year ago March 19, 2024

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