Category: Points
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Wall Street expert points to bullish target for altcoin poised to outrun SOL, ETH
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. Find out how RCO Finance can achieve a 4,500x return, surpassing Solana and Ethereum by 2025. Despite Ethereum and Solana’s large network, one Wall Street expert insists that the…
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Fed’s rate-cutting cycle points to weaker dollar
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Investing.com – The Federal Reserve has begun its rate-cutting cycle, and Bank of America Securities continues to expect a modest decline in the US dollar through 2025. “Although the Fed modestly surprised markets with a 50 basis point cut last week, we see major currency dynamics largely unchanged in the…
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Bitcoin MVRV Points To Bullish Breakout Under Key Condition
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Despite some mid-week turmoil, Bitcoin (BTC) price surged to a new record high.The cryptocurrency lost positively last week, with a total price gain of 4.07% according to data from CoinMarketCap. This positive price performance allowed Bitcoin to maintain its upward trajectory from the previous week when it crossed the $60,000…
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NASDAQ index down 100 points or -0.55%
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The Nasdaq fell -100 points or -0.55%. The price returned to the downside to test yesterday’s low of 17909.75. Earlier in the day, the price fell below this level on its way to closing the gap between Wednesday and Thursday (i.e. Wednesday’s high). Buyers came in near the level and…
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NASDAQ index down 100 points or -0.55%
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The Nasdaq fell -100 points or -0.55%. The price returned to the downside to test yesterday’s low of 17909.75. Earlier in the day, the price fell below this level on its way to closing the gap between Wednesday and Thursday (i.e. Wednesday’s high). Buyers came in near the level and…
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Bitcoin Bull Run Begins: Expert Points To Massive Upside Potential In Coming Months
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The cryptocurrency industry could be gearing up for a notable cycle as one market expert has claimed that the long-awaited cycle Bitcoin price rise It has finally started to rise, indicating a potential massive rally for the digital asset in the coming months. Bitcoin Massive Bull Run Kicks Off In…
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Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
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The US Federal Reserve today made a major decision to cut interest rates by 50 basis points, reducing the federal funds rate range to 4.75% – 5%. The move, the first major cut in more than four years, reflects concerns about the state of the US economy, despite the continued…
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Reuters Poll: BOE to cut bank rate by 25 basis points one more time this year
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US equity close: 25 basis points isn’t going to cut it
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US dollar rebounds to the highs of the day as enthusiasm for 50 basis points fades
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The market took a long look at the August nonfarm payrolls data and decided it wasn’t weak enough to price in a 50 basis point rate cut by the Federal Reserve this month. Initially, the softer headline number and downward revision sent the odds of a 50bp rate up to…
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Bitcoin Set For Further Losses As Data Points To Stormy September – Details
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according to Data from CoinMarketCap, Bitcoin had a turbulent end to August, losing 7.75% of its market value in the last week. This price drop confirms the overall negative performance of the crypto market leader over the past month, with a monthly price decline of 10.64%. Interestingly, amidst this bearish…
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Election and rate cut points to UK home sales pickup, RICS says By Reuters
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LONDON (Reuters) – Britain’s housing market looks set for a sales recovery in the coming months after the Bank of England cut interest rates and the new government shifted its focus to the sector, a survey showed on Thursday. The Royal Institution of Chartered Surveyors said its gauge of expected…
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Dow jumps 285 points as traders try to extend comeback from big sell-off
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Lucky Photographer/Shutterstock U.S. stocks rose on Wednesday as traders tried to extend a rally that began on Tuesday following a recent sell-off. The Bank of Japan indicated that it will pause interest rate hikes in the near term, boosting investor sentiment. Major stock indices, with the Dow Jones up about…
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Dollar falls as data points to economic slowdown; sterling weak By Investing.com
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Investing.com – The U.S. dollar fell in early European trade on Friday after weak data fueled concerns of a sharp slowdown in the world’s largest economy, which could prompt the Federal Reserve to ease monetary policy significantly. At 04:00 ET (09:00 GMT), the dollar index, which tracks the greenback against…
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China cuts 1 and 5 year loan prime rates by 10 basis points each
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts
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The Dow Jones rose more than 700 points on Tuesday.Getty Images The Dow Jones rose more than 700 basis points on Tuesday. Small-cap stocks saw the biggest gain as bets on lower interest rates helped drive rotation to other parts of the market. Retail sales also encouraged investors, easing concerns…
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S&P 500, Dow surge to record highs as blue chip index gains over 700 points
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Investors are confident that the Federal Reserve will cut interest rates by the end of its meeting in September. As of Tuesday morning, markets were pricing in a 100% chance of a rate cut in September, According to CME FedWatch TooNo, up from 70% a month ago. The increased confidence…
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LayerZero On The Rise: ZRO Bullish Momentum Points To New Highs
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LayerZero (ZRO) is currently experiencing strong bullish momentum, positioning it to potentially reach new highs in the future. This continued upward trend indicates growing investor confidence and increased market interest in the platform’s potential. As ZRO continues to gain momentum, technical indicators suggest that this momentum could push the price…