<p> "The price increase by AVAX is not normal, whoever holds it must be happy, right?"</p><p><br /></p><p>Avalanche (AVAX) is one of the best performing cryptocurrencies right now as its price managed to climb over 153% in a month to reach its all-time high for the year at $42.79.</p><
Blogs
[FOMC] USD collapse, Powell Signals Interest Rate Cut 2024!
<p> Markets have been shaken by the main focus event for this week which is the FOMC meeting which is the last policy meeting to close out the year 2023.</p><p><br /></p><p>As expected drastic price movements will occur, the US dollar currency has plunged significantly in reaction to the results of the F
'Booster' From Powell, BTC Breaks $43K FOMC Time!
<p> "Hmm, maybe the price can reach back to $44K before the end of December?"</p><p><br /></p><p>After hovering below $42,000, the price of the cryptocurrency king Bitcoin (BTC) finally managed to peak again up to $43,464 when the Federal Open Market Committee (FOMC) meeting early this morning
The King Is Back! Gold Shines Back Above $2,000 Level
<p> Early this morning, the price of gold experienced a sharp increase after the Federal Reserve (Fed) set interest rates on hold and signaled an end to their tightening cycle.</p><p><br /></p><p>Although there is still room for further tightening measures, the consideration for interest rate cuts is con
EUR/USD Breaks $1.0800, Spikes 100 Pips After FOMC!
<p> After waiting for clues since last week, investors are finally getting a clearer direction for the current price movement in the market.</p><p><br /></p><p>The US dollar is now showing a significant decline due to the reaction to the results of the last FOMC meeting of 2023 early this morning.</p&
'Bull Run' Getting Closer? $781 Million Stablecoin Moved To Binance!
<p> "I hope that's right, don't suddenly roll down."</p><p><br /></p><p>Cryptocurrency investors are increasingly paying attention to the wallet "0xea8" who transferred 200 million Binance USD (BUSD) from Binance then deposited 99.95 million First Digital USD (FDUSD) which i
Thank you FOMC! Ringgit wakes up from slumber
<p> This morning, the ringgit opened slightly higher against the US dollar after the index declined due to the results of the last policy meeting of the Federal Reserve (Fed), giving a clear signal about its monetary stance for next year.</p><p><br /></p><p>At 9 this morning, the ringgit rose to 4.6610/6
GBP/USD 'Bullish' After FOMC, BOE Meeting Awaits!
<p> A change in the price pattern was identified on the chart of the GBP/USD currency pair after the impact of the results of the FOMC meeting early this morning which saw a significant decline in the US dollar currency.</p><p><br /></p><p>Prices have jumped around 130 pips after the meeting and continue
Market Analysis: Powell's Speech Weakens USD
<img src="https://fxopen.com/blog/en/content/images/2023/12/sp500-2.jpg" alt="Market Analysis: Powell's Speech Weakens USD" /><p>Yesterday, the Federal Reserve published a unanimous decision to leave the base rate unchanged for the third time in a row, which coincided with the expectations of most market partici
Risk Management Insights for Traders
<img src="https://fxopen.com/blog/en/content/images/2023/12/main1412_03.jpg" alt="Risk Management Insights for Traders" /><p><strong>Title:</strong> Risk Management Insights for Traders | FXOpen<br><strong>Description:</strong> Find out why trading and risk management are closely linked.