Interest Rates
Fed Holds Steady, Signals Uncertainty About September Rate Cut
By FXCOINZ Editorial
•
01/08/2024
Prior to today’s meeting, markets had priced in a 100% chance of a rate cut at the bank’s September meeting.
What are Interest Rates?
By FXCOINZ Editorial
•
22/03/2024
Interest rates play a crucial role in the financial landscape, influencing everything from borrowing costs to investment returns. But what exactly are interest rates, and how do they impact various aspects of the economy? Let’s delve into some frequently asked questions to gain a better understanding of this fundamental concept.
US Dollar Strengthens by 1.5% Over Past Fortnight
By FXCOINZ Editorial
•
22/03/2024
The US Dollar (USD) has surged for the second consecutive week, buoyed by renewed confidence among traders. The currency index has broken through significant resistance levels, signaling a resurgence of faith in the Greenback’s performance. Market sentiment has shifted from challenging the US Federal Reserve’s (Fed) dovish stance to anticipating a more conservative monetary policy, with expectations now leaning towards fewer rate cuts than initially projected.