Cryptocurrency Daily Roundup – Nov.28
A summary of some of the widely followed stories on cryptocurrency and blockchain during the past 24 hours.Original Article Read More →
Forex
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FX News
U.S. New Home Sales Plunge To Lowest Level In Well Over Two Years
New home sales in the U.S. showed a substantial decrease from an upwardly revised level in the month of October, according to a report released by the Commerce Department on Wednesday. The Commerce Department said new home sales plummeted by Read More →
Dollar lifted by Fed expectations, trade tensions
The dollar held near its two-week peak on Wednesday, as lingering concerns over Sino-U.S. trade tensions helped lift safe haven currencies while forex investors awaited cues from the U.S. Federal Reserve on the path of future interest rate increases.
Read More →Fed Chairman Powell: Interest Rates Currently “Just Below” Neutral
In a highly anticipated speech before the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell described the current level of interest rates as "just below" neutral following a series of rate hikes this year.Original Article Read More →
Hopes for US-China deal lifts sentiment
Optimism on a hoped-for US and China trade compromise lends support to the major US equity indices that closed in positive territory on Tuesday. Trading during the Asian session this morning continued in positive territory as well, as the major Read More →
U.S. Consumer Confidence Pulls Back More Than Expected In November
Reflecting a pullback in expectations, the Conference Board released a report on Tuesday showing a bigger than expected decrease in U.S. consumer confidence in the month of November. The Conference Board said its consumer confidence index dropped to 135.7 in Read More →