Key Highlights Major Wall Street banks have shifted to more hawkish rate forecasts following the Federal Reserve’s September 25 basis point hike, with the median analyst prediction now pointing to one additional 25 basis point increase. Forecasts are split on timing: NatWest, Swedbank, and Goldman Sachs see an October hike, while Standard Chartered and Commerzbank ...
Fed Rate Decision Looms as Key Catalyst for Gold Price Direction The Federal Reserve’s September 16 interest rate decision stands as the pivotal event for gold markets this week, with traders closely monitoring XAUUSD for signs of a decisive breakout or rejection following the FOMC announcement. Gold has rebounded from the $4,300 level to trade ...
The Digital Asset Market Clarity Act failed to advance in the U.S. Senate on Tuesday, falling short of the 60-vote threshold required to proceed. The procedural vote tally stood at 49 in favor and 50 against, effectively stalling the comprehensive regulatory framework for digital assets. The outcome triggered immediate sell-offs across Bitcoin and altcoin markets. ...
Fed Expected to Raise Rates by 25 Basis Points Crypto markets are already under pressure ahead of today’s Federal Open Market Committee (FOMC) meeting, with Bitcoin trading below $75,000. The Fed is widely expected to raise rates by 25 basis points, a move that is largely priced in. Traders are now focused on Chair Kevin ...
Federal Reserve Poised for First Rate Hike Since 2023 Amid Inflation Pressure Wall Street is bracing for the Federal Reserve to raise interest rates on Wednesday, a move that would mark the first increase since 2023. The Federal Open Market Committee concludes its two-day meeting this week, and CME’s FedWatch tool places the probability of ...
Bitcoin, Ethereum, and XRP are bracing for a fresh macroeconomic headwind as market-implied odds of a Federal Reserve rate hike at the September 16 Federal Open Market Committee (FOMC) meeting have climbed sharply. Bitcoin Faces Key Test Ahead of September FOMC Decision According to the CME FedWatch Tool, the probability of a 25-basis-point increase has ...
Federal Reserve officials face a critical policy test next week as financial markets now assign an 87% probability to a 25-basis-point rate increase at the September 15–16 meeting. The sharp repricing follows August consumer price index data that showed inflation remaining stubbornly above the central bank’s 2% target. With Bitcoin trading near $77,256, cryptocurrency traders ...
Bitcoin’s Daily Golden Cross Fails as Hawkish Fed Expectations Trigger Pullback Bitcoin’s brief daily golden cross collapsed Friday evening as the 50-day exponential moving average (EMA) slipped back below the 200-day EMA, reversing a bullish signal that had confirmed earlier in the session. The cryptocurrency retreated to $77,438 after reaching an intraday high near $79,837, ...
Bitcoin, Ethereum, and XRP extended their losing streak on Thursday after fresh U.S. inflation data fueled speculation that the Federal Reserve will raise interest rates at its upcoming policy meeting. The renewed sell-off across major cryptocurrencies highlights the asset class’s continued sensitivity to macroeconomic shifts and central bank signaling. Inflation Data Triggers Rate-Hike Bets The ...
Bitcoin rose above $81,000 last week before falling back to approximately $78,000 after Federal Reserve Chairman Kevin Warsh delivered a hawkish speech in Jackson Hole….
September 15 is shaping up to be a potentially pivotal day for financial markets, with monetary policy, economic data and crypto regulation all converging. The…