The euro was inching higher today after yesterday’s ECB rate decision. The Fed raised the rate by 0.25% on Wednesday as expected. Nothing new came out of the 2-day meetings […]
Bitcoin Trading Volatility Subsided for Now
Bitcoin is STABLIZING for now after the commencement of its futures contracts trading on CBOE. The skyrocketed prices of Bitcoin have caused the two of the leading exchanges for Bitcoin […]
The Euro Is Under Pressure due to Draghi’s Comment
The ECB left the interest rates and QE unchanged; however, the ECB President Draghi’s comment drove the euro lower. The U.S. central bank raised the rate by 0.25% yesterday afternoon […]
The Somewhat Dovish Fed Sent the Euro Higher after the Rate Decision
The euro was inching higher even before the rate decision. The traders were betting on a dovish stance from the Fed. The U.S. central bank raised the rate by 0.25% […]
All Eyes on What the Fed Is Going to Say about Its Stance on the Future Interest Rates
The euro is trading up at around $1.1760 against the U.S. dollar after the US inflation rose at a somewhat disappointing 2.2% pace over the year. The U.S. central bank […]