Gold price benefits from Fed’s cut, buyers eye $2,600
Gold prices advanced on Thursday after the Federal Reserve (Fed) embarked on an easing cycle with a 50-basis-point (bps) rate ...
XRP rally rides on Grayscale XRP Trust performance and Ripple stablecoin launch
XRP held steady above support at $0.5026 for nearly 12 days. The asset has found support at $0.5500. If XRP sustains above ...
US Dollar declines as market digests FOMC decision
FOMC cut rates by 50 bps on Wednesday, although the Dot Plot suggests a more gradual easing cycle going forward. After initially lowering its expectations following the decision, the market is now ...
Goldman advances 4% after making correct call on 50 bps Fed cut
Goldman Sachs (GS) is a primary winner of the Federal Reserve’s (Fed) interest rate decision on Wednesday in more ways than one. While many other analysts were expecting 25 bps, Goldman kept reasoning ...
Dow Jones Industrial Average rises 550 points to another record peak
With Dow Jones climbing around 600 points at its highest on Thursday, the major equity index is on pace to capture yet another record close as price action digs in north of 42,000. The Dow Jones’ ...