Dollar edges lower as Fed policy decision looms By Reuters

© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking By John McCrank and Saikat Chatterjee NEW YORK/LONDON (Reuters) – The dollar eased versus its main rivals on Monday, after posting its biggestRead More →

US Dollar Threatening Breakout Ahead of Key CPI Release

  US Dollar, USD/JPY, CPI Talking Points: The US Dollar has set a fresh yearly high this morning although there hasn’t yet been significant traction beyond a key Fibonacci resistance level. Tomorrow brings the release of CPI and after last month’s moderation, the expectation is for a flat read mirroringRead More →

Visa working on blockchain interoperability hub for crypto payments

  Global payments giant Visa has introduced a project that aims to be a “universal adapter” of blockchains that can connect multiple cryptocurrencies, stablecoins as well as central bank digital currencies (CBDC). According to an official announcement on Thursday, Visa’s research team is working on a “Universal Payment Channel” (UPC) initiative,Read More →

FOMC Forecasts Push USD Breakout Potential

  US Dollar Talking Points: Chart formations can be helpful tools in a trader’s arsenal. Surely, not all traders are fans, so let’s just go ahead and address their primary failing up front: They do not predict the future. Chart formations will fail. And while it can be easy toRead More →

Second-largest Ethereum mining pool to suspend all operations

  Sparkpool, the second-largest Ethereum mining pool in the world, is suspending operations due to the ongoing Chinese crackdown on crypto. The mining pool officially announced Sept. 27 it has suspended access to new users in mainland China in response to Chinese authorities initiating new measures to combat crypto adoptionRead More →