The post US Dollar Steady Amid Trump Attack and Fed Rate Cut Speculation, Reports 4E Exchange appeared on BitcoinEthereumNews.com.

COINOTAG News, September 16—on September 15 local time, an incident involving Trump occurred, leaving him uninjured. According to observations from the 4E Exchange, despite the event, the US stock index futures, US dollar, and crypto markets exhibited remarkable stability. The occurrence coincided with a weekend of low trading volume, resulting in a subdued market reaction, although potential fluctuations may impact the foreign exchange market. The current market attention is directed toward the forthcoming Federal Reserve meeting scheduled for September 17-18. Recent data indicates the likelihood of a 50 basis point interest rate cut has escalated to 45%, a significant change from single-digit expectations earlier in the previous week. Notably, U.S. stocks posted gains over five consecutive days last week: the S&P 500 climbed 4.02%, coming within 0.7% of its historical peak; the Nasdaq surged 5.95%; and the Dow increased 2.6%, just 0.5% shy of its previous high. 4E Exchange, which facilitates trading in cryptocurrencies, stock indices, bulk gold, and foreign exchange among others, proudly sponsors Token2049 for 2024. As the Federal Reserve meeting approaches, 4E underscores the importance of monitoring market volatility risks and making prudent asset allocations. Source: https://en.coinotag.com/breakingnews/us-dollar-steady-amid-trump-attack-and-fed-rate-cut-speculation-reports-4e-exchange/

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Filed under: News - @ September 16, 2024 4:19 am