Risk Of 50 Bp Cut By The Fed Tomorrow Keeps The Greenback On The Defensive
Sep 17, 2024
Jeremy Parkinson
Finance, No picture
With heightened expectations of a 50 bp cut by the Federal Reserve tomorrow, the dollar has not gotten a reprieve and is softer against nearly all the currencies. Japan’s long holiday weekend ended, and the greenback has held above JPY140 today. It is consolidating, but against most of the G10 currencies, the dollar’s losses have […]
AUD/USD Climbs Further Beyond Mid-0.6700s, Nearly Two-Week High Ahead Of US Retail Sales
Sep 17, 2024
Jeremy Parkinson
Finance, No picture
The AUD/USD pair gains traction for the second straight day on Tuesday – also marking the fourth day of a positive move – and climbs to a one-and-half-week high during the early part of the European session. Spot prices currently trade above mid-0.6700s, up around 0.15% for the day, as investors look to the outcome of […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Tuesday, September 17
Sep 17, 2024
Jeremy Parkinson
Finance, No picture
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:18More By This Author:US30 Dow Jones Analysis For The Week Ahead […]
Grayscale Bitcoin ETF surpasses $20B net outflows
Sep 17, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways GBTC’s total net outflows have surpassed $20 billion since its ETF conversion. BlackRock’s iShares Bitcoin Trust saw a resurgence in inflows, collecting $15.8 million. Share this article Grayscale Investments’ Bitcoin Trust (GBTC) continues to face investor redemptions, with another $20.8 million withdrawn on Monday, according to data tracked by Farside Investors. This brings […]
Market Briefing For Tuesday, Sept 17
Sep 17, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashInitiating a ‘cutting cycle’ – comes after well-known anticipation of the Fed’s upcoming decisions, which generally have been made. So that’s why the idea of a short-term fling and selling squall ‘after the news’; but that’s aside from overall expectations that can lead to a relatively favorable equity environment into the start of 2025, but […]
Chainlink teams up with Fireblocks to offer one-stop solution for stablecoin issuance and management
Sep 17, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Fireblocks and Chainlink Labs collaborate to provide a full stablecoin technology solution. The partnership aims to enhance stablecoin utility in secure payments and institutional trading. Share this article Chainlink Labs and Fireblocks have joined forces to deliver a comprehensive technology solution for issuing and managing stablecoins, as announced by Chainlink on Tuesday.The integrated […]
Hedera unveils new toolkit for on-chain asset tokenization
Sep 17, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Hedera’s Asset Tokenization Studio keeps all asset management details on-chain, enhancing security. The studio includes features like bond coupons, stock dividends, whitelisting, and compliance with specific regulations. Share this article Hedera announced Monday it is launching its Asset Tokenization Studio, an open-source toolkit designed to streamline the issuance, management, and trading of tokenized […]
Trump token WLFI confirmed, sales limited to accredited investors and non-US persons
Sep 16, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways WLFI token sales are limited to accredited investors and non-US persons. WLFI is a governance token with no economic benefits like dividends. Share this article Donald Trump today confirmed the WLFI token of his family’s DeFi project, World Liberty Financial, during a livestream on X Spaces. The team behind the project announced that […]
This Range Reversal Could Double Our Profits On Tuesday
Sep 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Weekend’s over – let’s make some money! Markets are range-bound ahead of FOMC later this week, and I couldn’t be happier!Ranges are SUPER easy to trade (once you learn how they work) and these (2) Reversal Trades could be easy money on Tuesday!The Emini is bullish into a range, but the Nasdaq is […]
Markets Savor A Big Rate Cut, But The Main Course Awaits With Jay Powell
Sep 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashMARKETSStocks had a mixed Monday session as tech names hit a speed bump, with Apple (AAPL) dragging down the Nasdaq due to concerns over iPhone 16 sales. But the S&P 500 brushed off that tech stumble, inching toward record highs, while the Dow marched confidently to another peak. Investors seemed to be banking on […]