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Month: January 2025

Cryptocurrencies

BoC to Slow Rate Cut Speed as U.S. Fed Moves to the Sidelines

The Bank of Canada is expected to cut interest rates at a more gradual 25 basis-point pace on Wednesday following 50 bps cuts in each of the two prior meetings—widening a gap with U.S. policy Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Weekly Focus – Sell the Rumour, Buy the Fact?

It was a sell the rumour, buy the fact kind of week, apparently. The fears of Donald Trump imposing massive tariffs on his first day in office did not materialise, and markets cheered. With previous week’s US Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Bank of Japan Hikes Rates, Signals More To Come

Summary In a widely expected decision, the Bank of Japan (BoJ) took another step along its monetary policy normalization path at this week’s meeting, raising its policy rate by 25 bps to 0.50%. In raising Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Dollar’s Accelerated Decline and Indices’ Growth

The US dollar accelerated its decline against its major peers, losing almost 2% to 107.1 this week before trimming some losses. Fundamentally, behind the dollar’s corrective pullback is the resurgence of expectations that the Fed Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Amazon is selling a $395 Bulova watch for only $234, and shoppers say it has ‘that Rolex Submariner look’

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The perfect watch doesn’t exist — until now. That said, any Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Gold Extends Gains on Trump’s Latest Comments, Nears Record High

Gold price accelerated higher on Friday, offsetting initial negative signal that was developing on daily chart, from Thursday’s Hanging man candlestick. Fresh gains (up 1% until early US session on Friday) came ticks ahead of Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Spirit Airlines takes harsh stance with new ‘offensive’ rule

As what is or is not inappropriate regarding tattoos is open to what can sometimes be extremely subjective interpretation, disputes around this subject regularly pop up. An Alaska Airlines passenger once claimed she was removed from Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

Macy’s is selling a $345 Ralph Lauren puffer coat for only $136, and shoppers call it the ‘best’

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The key to staying toasty warm throughout the colder months is Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 155.59; (P) 156.23; (R1) 156.71; More… USD/JPY is still bounded in range above 154.77 and intraday bias remains neutral. Further decline remains in favor for now. Sustained trading below 55 D EMA Read more…

By , 1 year ago January 24, 2025
Cryptocurrencies

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.9051; (P) 0.9080; (R1) 0.9103; More… Intraday bias in USD/CHF stays neutral for the moment. Further rally is in favor with 0.9007 support intact. Above 0.9107 minor resistance will turn bias back Read more…

By , 1 year ago January 24, 2025

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