Recent News

The US Federal Reserve maintained the funds rate at 4.25%-4.5% for a third consecutive time at Wednesday’s meeting.

BoE Expected to Cut Official Bank Rate to 4.25%; US Federal Reserve Leaves Interest Rate Unchanged as Expected, Powell Cites Higher Inflation Risk, Slight Hawkish Tilt Boosts USD to Firm Gains; Gold Hints at Bearish Double Top; Bitcoin Powers to 2-Month High, Paves Way for Move Higher?; Trump Talks Up Imminent Major Trade Deal, Boosting Stocks

CME FedWatch Tool Suggests >95% Expect no Fed Rate Cut; Gold Makes Record New York Close; China Cuts Key Rate; INR Affected Little by Indian Strike in Pakistan; Bitcoin Invalidates Resistance Above $95k, Paves Way for Move Higher?

Nikkei 225, HSI, KOSPI Continue Month-Long Advance; US Dollar Makes Minor Gains; Bitcoin Remains Suppressed by Resistance

Trump Pressures Powell After Strong Jobs Data, But Powell in Office Until 2026; Asian Stocks Higher, US Stocks Lower; Bitcoin Remains Suppressed by Resistance

The cryptocurrency market experienced a week of consolidation following last week’s breakout, which lifted Bitcoin back above $95,000 for the first time since late February.

Australian CPI Sticks at Annualized 2.4%; Asian Stocks Higher to April Highs; Bitcoin Still Held by Resistance at $95,038; Canada Liberals 3 Seats Short of Majority; Bitcoin Showing Signs of Likely Bullish Breakout

CBC Projects Carney Just 5 Seats Short, Will Remain in Office, No Particular Effect on Loonie or Canadian Stocks; Stocks Slightly Higher on US Auto Tariffs Exemption; Bitcoin Still Held by Resistance at $95,038