FXBANkthe8055

FXBANkthe8055

The US dollar rose against its major trading partners early Friday, except for a decline versus the yen, ahead of the release of personal income, spending, and price data and advance trade and inventory data, all for February, at 8:30 am ET, with most US markets closed for Good Friday. Chicago PMI and Kansas City Federal Reserve services data for March follow at...

FXBANkthe8055

The price of Ethereum’s Ether ETHUSD is up today, rising 3.5% to reach over $3,630 on March 31. ETH price is now up 18.75% from its local low of around $3,050, established over a week ago. Capital rotation into Ether market Ether's ongoing rise versus the U.S. dollar coincides with its equally strong gains against Bitcoin BTCUSD . Notably, the widely-tracked...

FXBANkthe8055

JAPANESE YEN STILL BE NEUTRAL Dollar Index (DXY) Roars Back to Life as Safe Haven Demand Grows Due to the Conflict in the Middle East. Fed Officials Say that Higher Yields Are a Positive in the Fight Against Inflation. Developments in the Middle East and Federal Reserve Policymakers Will Drive Price Action in the Week Ahead. The Canadian dollar's rise against...

FXBANkthe8055

On March 8, 2024, the Security and Exchange Commission (SEC) requested public comments on Nasdaq’s pending applications to permit the approval of a spot Ethereum exchange-traded fund (ETF). In response to the SEC’s request for public comments regarding the approval of Ether ETF applications, advocates of Ethereum have submitted a comprehensive letter addressing...

FXBANkthe8055

Gold prices rose by 0.38% yesterday, settling at 66367, as investors eagerly awaited U.S. inflation data to gauge the Federal Reserve's stance on monetary policy. Despite recent high inflation readings, Fed policymakers remain committed to reducing interest rates by three-quarters of a percentage point by the end of 2024. Central banks' continued gold purchases...