- From investmenttalk.substack.com|Feb 2, 2023
Yesterday the Federal Reserve slowed the pace of rate hikes to 25bps; their first rate decision since December 2022. This comes after four consecutive 75bps hikes between June and November, followed by one 50bps hike back in December. Fed dot plots also indicate 25bps rate hikes in both March and May, but TBD on that. This comes as the US economy begins to ...
- From fxempire.com|8 hr ago
On Monday, bitcoin (BTC) fell by 0.77%. Following a 1.64% loss on Sunday, BTC ended the day at $22,755. BTC extended its losing streak to five sessions and ended the day at sub-$23,000 for the second time in six sessions. After a choppy morning, BTC rose to a late afternoon high of $23,145. Coming up short of the First Major Resistance Level (R1) at ...