S&P 500 Sets Record Ahead of Fed Decision

Crypto

As shown by the S&P 500 index chart (US SPX 500 mini on FXOpen), yesterday’s trading saw the index hit a new intraday high of 5,678.9, surpassing the previous record of 5,677.5 set on 16 July. However, the bulls were unable to maintain this historic peak, which is a negative sign, suggesting the possibility of […]

Major Currency Pairs Retreat Ahead of Fed Meeting

Crypto

Investors and market participants are eagerly awaiting today’s Fed meeting, as experts predict the US regulator is likely to cut the base interest rate for the first time in four years. Inflation shows a steady decline, and the labour market is slowing down. In these conditions, the rate cut is already priced in, and the […]

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