Tag: U.S
Bitcoin Surges to All-Time High Amid U.S. Election Updates
Bitcoin has reached a new all-time high, surpassing the previous peak set on 14 March. The price of Bitcoin surged past $75,300 per coin, showing a significant increase in value. This surge coincides with...
Canadian Jobs Data Impact by Hiring Demand and U.S. Fed Cuts – Action Forex
The Canadian job market is expected to show signs of continued weakness in the upcoming employment report for October. While there may be an increase of around 15,000 jobs, this growth is not expected...
U.S. Federal Reserve to Cut Interest Rates – Latest Updates and Analysis
The U.S. Federal Reserve is set to make a historic move by cutting interest rates on Wednesday, marking a significant shift in monetary policy. The decision comes in response to gradual softening in the...
New Rules Target Shein and Temu in Effort to Curb Trade Loophole Abuse
The Biden administration is taking steps to address what it sees as the misuse of a trade loophole that allows low-value shipments into the United States without paying import duties and processing fees. This...
BoC Likely to Cut Rates Before Key U.S. Jobs Report – Action Forex
The Bank of Canada (BoC) is anticipated to lower interest rates by another 25 basis points to 4.25% at their upcoming meeting next week. This potential rate cut would follow similar reductions made in...
U.S. Inflation Trends: Impact on Fed Rate Cuts
U.S. Inflation Trends: Federal Reserve's Focus on Rate Cuts and Economic ImpactThe latest data on inflation in the United States suggests that the Federal Reserve is on track to meet its 2% target, allowing...