US stocks surged, with DOW hitting new record, while treasury yields and the Dollar tumbled following Fed’s decision to leave interest rates unchanged at 5.25-5.50%. This decision, widely anticipated by the markets, was overshadowed by the Fed’s indication of potential rate cuts in 2024. Fed suggested that three 25 bps cuts could be implemented next […]
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Bitcoin’s near-term rally is extending into a critical test of the $80k psychological barrier, with price action now entering a zone where multiple drivers converge. The move has been supported by strong risk appetite, with Read more…
Key Highlights EUR/USD started a fresh increase from the 1.1650 support zone. It cleared a key bearish trend line with resistance at 1.1710 on the 4-hour chart. GBP/USD gained pace for a move above the Read more…
Federal Reserve dissenters pushed back forcefully against the central bank’s perceived easing bias, signaling growing uncertainty over the policy path just days after the April 29 meeting. Minneapolis Fed President Neel Kashkari said current guidance Read more…