Tag Archives: yen

Oil prices dipped on Wednesday as investors reassessed the potential impact of China’s recent stimulus measures on its economy and questioned whether these steps would be sufficient to drive significant fuel demand growth in the world’s largest crude importer. By 0415 GMT, Brent crude futures fell by 17 cents, or …

Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …

The US Dollar, once a stalwart symbol of global economic stability, has found itself in a state of flux following the Federal Reserve’s recent decision to cut interest rates. This strategic move, aimed at stimulating economic growth, has had far-reaching implications for the currency’s value and its role in the …

Oil prices edged higher on Monday, driven by concerns over potential supply disruptions in the Middle East and optimism that the U.S. Federal Reserve’s significant interest rate cut last week would support demand. Brent crude futures for November delivery rose 22 cents, or 0.3%, to $74.71 a barrel by 0705 …

Bitcoin continued its upward momentum on Monday, reaching a one-month high as traders reacted positively to the Federal Reserve’s recent interest rate cut. However, trading volumes were subdued due to a market holiday in Japan and the anticipation of more economic signals in the coming days. Bitcoin rose 1.3% to …

Oil prices slipped on Friday, yet they remained poised for a second consecutive weekly gain, buoyed by the Federal Reserve’s significant interest rate cut and shrinking global stockpiles. As of 10:04 GMT, Brent futures had declined by 50 cents (0.67%) to $74.38 a barrel, while U.S. WTI crude futures fell …

Bitcoin’s price surged to a three-week high on Friday, driven by improved risk appetite following the Federal Reserve’s significant interest rate cut. The world’s largest cryptocurrency gained momentum, rising in tandem with broader risk-driven markets like stocks. Other cryptocurrencies also posted gains, with Bitcoin leading the rally and setting the …

Bitcoin’s price surged on Thursday following the Federal Reserve’s significant interest rate cut, which signaled the beginning of a potential easing cycle. The world’s largest cryptocurrency rose by 2.9% to $61,985 by 01:41 ET (05:41 GMT), briefly reaching a high of $62,539. Despite breaking out of the long-standing $50,000 to …

Oil prices remained relatively unchanged on Thursday, with Brent crude futures edging up by 8 cents to $73.73 a barrel, while WTI crude futures slipped by 3 cents to $70.88 a barrel as of 0015 GMT. The market’s reaction to the Federal Reserve’s half-percentage-point rate cut was muted, with concerns …

Oil prices fell on Wednesday after two consecutive sessions of gains, with weak macroeconomic data weighing on demand and offsetting concerns about supply disruptions in the Middle East. Investors were also keeping an eye on the U.S. Federal Reserve’s upcoming interest rate decision, which could have bullish implications for crude …