BTCUSDT Tether announced that its investment arm, Tether Trade Finance, has completed funding of the first USDT-based Middle Eastern crude oil transaction. The transaction, which will be completed in October 2024, aims to facilitate the loading and transportation of 670,000 barrels of Middle Eastern crude oil, valued at approximately $45 million
GBPUSD We took a couple of losses and few winners! Not a bad day but a SLOW one! I wait to close the trades before the close of the day, while taking partials on the way.
Its a GREEN week AGAIN! Enjoy your Weekend! Adios!
We have no idea what they want to do here...let's just assume, the surprise buyside sweep collected hella orders that need to be distributed to the sellside as well as filling the bullshxt gap left behind
BTCUSDT The Federal Reserve announced an interest rate ceiling of 4.75%, expected 4.75%, previous value 5.0%
At the press conference, Powell stated that high inflation has eased significantly, the labor market remains robust, and the overall economy is performing strongly. He expressed confidence that inflation will continue to decline toward the 2% target.
Powell also stated, “In the short term, elections will not impact our policy decisions.” “We do not speculate, assume, or forecast what policies will be implemented.”
Powell stated that the economy is not under strain and that most of the inflation seen this year is catch-up inflation. No decision has been made regarding the policy actions the central bank will take in December. As we approach the neutral interest rate, it may be necessary to slow the pace of rate cuts. In response to a journalist’s question about whether he would agree to resign if asked by the President, Powell replied that he would not.
DXY so this thing moves like it's 1000000% sure that there will be cut rates today even tho the new government will cut taxes and everything which might increase inflation once again in the end.
if the rates is really cut by today, are you sure there's no leaked info about this to institution/banks/any other related party before hand ?
Manipulation without surely wins for banker is just weird, but look it goes to their hands.