Latest Market News

Financial stocks spiked up, then pulled back after the Federal Reserve raised its target on overnight rates by 0.75 percentage points on Wednesday. Although the 75-basis-point hike was expected, it was still historic, as it was the biggest increase in nearly three decades, and was the Fed’s way of saying it will act aggressively to […]

BTC and altcoins generated nominal gains after the Federal Reserve raised the benchmark interest rate by 0.75%, the largest hike in 28 years. 7423 Total views 33 Total shares Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the […]

Dr. Anthony Fauci, President Joe Biden’s chief medical adviser who has led the U.S. through the pandemic, has tested positive for COVID-19, according to a statement from the National Institutes of Health. The 81-year-old Fauci, who is also head of the National Institute of Allergy and Infectious Diseases, is fully vaccinated and has had two […]

On Tuesday, the EURUSD major is likely to remain restrained, trading at a quote of 1.0442. All eyes are focused on the meeting of the US Federal Reserve system and its decision about the interest rate. While a week ago people expected growth by 50 base points, according to what the regulator was promising, today […]

EURUSD, “Euro vs US Dollar” The pair completed a wave of correction to 1.0477. Today the market keeps developing a declining wave to 1.0400, and with a breakaway of this level downwards, a pathway to 1.0270 will open. GBPUSD, “Great Britain Pound vs US Dollar” The pair completed a wave of decline to 1.1932. Today […]

Washington, D.C. — The Commodity Futures Trading Commission today announced that the U.S. District Court for the Central District of California entered a consent order on June 7 for a permanent injunction, monetary sanctions, and equitable relief against Daniel Hewko of Fort Bragg, California.  The consent order resolves the CFTC’s claims against Hewko in the […]