Financial News

How a dovish Federal Reserve could affect you

Trump’s pick for the US Federal Reserve is not so much of a yes-man as his rival, but interest rates will still come down quickly, says Cris Sholto Heaton

IREN Stock Drops. It’s a Story of Crypto Pain and AI Gains.

Eko DisCo to downgrade several areas from Band A to B as power generation tanks

Many residents in Lagos are experiencing reduced electricity hours after the Eko Electricity Distribution Company (EKEDC) moved several...The post Eko DisCo to downgrade several areas from Band A to B as power generation tanks first appeared on Technext.

Bitcoin Crashes Hard, But OneMiners' New Georgia & Houston Sites Make This the Ultimate Time to Start Mining

Bitcoin has just suffered a brutal 44% plunge from its recent highs, dropping below $66,000 this week and erasing over $500 billion in market value amid a fierce "crypto winter" selloff. ASIC miner prices are tanking right alongside it, reaching

New Federal Reserve chair Kevin Warsh has his work cut out

Kevin Warsh must make it clear that he, not Trump, is in charge at the Fed. If he doesn't, the US dollar and Treasury bills sell-off will start all over again

EUR/USD Forecast Today 06/02: Up Or Down? (Video&Chart)

(MENAFN - Daily Forex) The Euro has been slightly negative during fairly quiet trading on Thursday, as the ECB rate decision has come and gone. At this point, the market looks like it is ready ...

Gold Forecast Today 06/02: Struggles At $5,000 (Chart&Video)

(MENAFN - Daily Forex) The gold market has plunged initially during the trading session on Thursday, but it still continues to see a lot of noise, as we are trying to find some reason to continue ...

Silver Forecast Today 06/02: Silver Plunges (Video&Chart)

(MENAFN - Daily Forex) The silver market has plunged on Thursday, as we are now watching the $70 very closely in the futures market. The silver market has plunged again during the trading session ...

NZD/USD Forecast Today 06/02: Risk Sensitivity (Video&Chart)

(MENAFN - Daily Forex) I think this is a market that has the potential to bounce again, but I also see that there is a wall of resistance just waiting to make its presence known this, I am cautious ...

BTC/USD Forecast Today 06/02: Crashes Below $70K (Chart)

(MENAFN - Daily Forex) The Bitcoin market continues to fall apart on Thursday, as the markets are running away from crypto in general. The Bitcoin market continues to fall during the trading ...

S&P 500 Signal Today 06/02: Will Buyers Return? (Chart)

(MENAFN - Daily Forex) Potential signal I am a buyer if we CLOSE above 6800 in the S&P 500, with a 50 point stop, and a target of 6945. Will the S&P 500 continue to see buyers of dips through ...

USD/CHF Forecast Today 06/02: Testing Major Level (Chart)

(MENAFN - Daily Forex) The US dollar has gone back and forth against the Swiss franc during the session on Thursday, but at this point, cannot break above the 0.79 level. The US dollar has gone ...