TheCryptagon
Dollar Rebounds After Sharp Losses; Pound Eyes Budget Update
The U.S. dollar moved slightly higher on Wednesday, recovering part of the previous session’s sharp losses as traders positioned for a potential Federal Reserve...
U.S. Core Capital Goods Orders Jump in September
New orders for key U.S.-made capital goods surged in September, while shipments also posted strong gains. The data reinforced economists’ expectations that U.S. economic...
U.S. Weekly Jobless Claims Decline as Labor Market Holds Firm
New applications for U.S. unemployment benefits fell last week, signaling that layoffs remain low even as the labor market continues to struggle with creating...
European Stocks Climb on Fed Cut Optimism; U.K. Budget Takes Center...
European stocks moved higher on Wednesday, lifted by growing confidence in a potential Federal Reserve rate cut in December and ahead of the U.K.’s...
Japan Prepared to Take “Necessary” Steps in FX Market, Says PM...
Japan’s government is prepared to take any “necessary” measures in the foreign exchange market, Prime Minister Sanae Takaichi said on Wednesday. She noted that...
Dollar Weakens as Markets Price In Fed Cuts; Kiwi Surges After...
The U.S. dollar weakened on Wednesday after softer economic data reinforced expectations of a December interest rate cut, while investors also bet that the...
How Zcash Jumped From Niche Token to November’s Most-Searched Asset
Halving dynamics, rising shielded usage, and the NU6.1 governance model transformed Zcash from a quiet, overlooked token into the most-searched cryptocurrency of November.
Key Points
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Grayscale’s New Spot Dogecoin ETF Debuts With Weaker-Than-Expected Volume
Trading volume for Grayscale’s first U.S. spot Dogecoin ETF fell short of expectations on its debut, even as Bitwise prepared to launch its own...
Asia FX Holds Steady as Fed Cut Bets Grow; Aussie Rises...
Most Asian currencies were steady on Wednesday as traders assessed rising expectations of a U.S. interest rate cut next month. The Australian dollar strengthened...
UK Inflation Expectations Drop Steeply to 3.7% in November
The British public’s expectations for inflation over the next year dropped to 3.7% in November, down from 4.2% in October, according to a YouGov...
