Generative Data Intelligence

Tag: the Fed

Mid-Market Update: Powell Part Deux, Labor Market still looks hot after ADP & JOLTS, Stocks struggle, Oil remains heavy, Gold wavers, Bitcoin softens

US stocks struggled to find direction after another round of labor data suggests this market will remain tight and on Fed Chair Powell’s...

EUR/USD drifting, German retail sales slide

The euro has stabilized on Wednesday after sustaining sharp losses a day earlier. In the European session, EUR/USD almost unchanged, trading at 1.0550. German...

Is Biden Using an Obama-Era Program to Ban BTC?

Biden and his nation-hating associates have been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0....

Bitcoin Dump Incoming? U.S. Government Moves $1B of Seized BTC

The U.S. government moved a good chunk of its seized BTC to Coinbase. Market participants think a BTC dump is incoming. BTC is currently...

A big blow

Stock markets are steadying ahead of Powell’s second appearance of the week on Wednesday, after his comments a day earlier saw them go...

USD/CAD climbs after hawkish Powell, Bank of Canada set to pause

The Canadian dollar has steadied on Wednesday, after sliding 1% a day earlier. Later today, the Bank of Canada meets for its monthly...

Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk

Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing,...

US Close: King Dollar returns, Hawkish Powell sinks risk appetite, Oil and gold punished, Bitcoin nears lower boundaries

Fed Chair Powell killed risk appetite with a hawkish first day on Capitol Hill. Powell said that the Fed will likely need to...

Rate Hikes On The Horizon, Will It Doom Bitcoin Below $20,000?

Bitcoin continues to trade sideways as volatility in the market’s most prominent cryptocurrency diminishes. Bitcoin has successfully held the $22,000 support level, although it...

Influencer Says ADA, BTC Will Experience Price Drops in Coming Days

Dan Gambardello tweeted his latest technical analysis for BTC and ADA this morning. In his analysis, Gambardello stated that BTC’s price is hanging by...

US Open: Stocks waver ahead of Powell, Biden eyes higher taxes, RBA almost done hiking, EUR supported on rising ECB bets, Oil and gold...

US stocks are slightly higher ahead of Fed Chair Powell’s Congressional testimony.  Everyone is expecting Fed Chair Powell to deliver his best hits...

Swissie rally fizzles, SNB’s Jordan up next

USD/CHF has rebounded on Tuesday, ending a rally that saw the Swiss franc climb over 1%. In the European session, USD/CHF is trading...

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