Despite crashing 42.23% year-to-date, Intuit Inc. (NASDAQ:INTU) can go lower further. The stock seemed to have found a bottom at the $370 oversold level, jumping to a high of $425 later. However, the ...
Tag: Decision
Federal Reserve interest rate decision, June 2022
The Federal Reserve is expected to raise interest rates on Wednesday by 0.75%, the largest bump at a single meeting since 1994. In the face of higher-than-expected inflation and deteriorating consumer...
ETH, BTC Remain Lower Ahead of Federal Reserve Rate Decision – Market Updates Bitcoin News
ETH was close to falling below $1,000 on Wednesday, as markets began to prepare for the latest Fed policy meeting. Many expect that the FOMC will opt to hike interest rates today, as inflation continu...
USD/CHF forecast ahead of the SNB and Fed rate decision
The USD/CHF price rose to parity for the first level since May ahead of the upcoming interest rate decisions by the Federal Reserve and the Swiss National Bank (SNB). It is trading at 1.0004, which is...
Jim Cramer calls for ‘monster rate hikes’ ahead of key Fed decision
CNBC’s Jim Cramer on Tuesday called for Federal Reserve Chair Jerome Powell to implement aggressive interest rate hikes to tamp down inflation. “Jay Powell can’t solve the war in Ukr...
Stock Market ‘Carnage’ Set To Worsen As Fed Rate Decision Looms—Here’s How Bad It Could Get
Topline As major indexes plunge into bear market territory, a growing number of experts are warning that key indicators suggest the latest stock selloff will only intensify before it subsides, especia...
Wall Street contemplates a shock decision from the Fed
A hotter-than-expected read on inflation is testing the Federal Reserve’s resolve on the pace of its planned interest rate increases. In the face of inflation rising at a pace unseen since the 1980s, ...
levels to watch with Fed interest rate decision in focus
Gold price ended the week in the green after US inflation data boosted its viability as a hedge against inflation. Even so, a strong US dollar and rising Treasury yields will likely curb its gains in ...
5 takeaways after yesterday’s ECB decision and presser
This week was marked by two central banks announcing their monetary policy (the Reserve Bank of Australia and the European Central Bank), ahead of the Federal Reserve next week. If we exclude the US i...
FDA decision on Novavax’s Covid shots could be delayed
A health worker prepares a dose of the Novavax vaccine as the Dutch Health Service Organization starts with the Novavax vaccination program on March 21, 2022 in The Hague, Netherlands. Patrick Van Kat...
Grayscale Hires Former Solicitor General Ahead of Bitcoin ETF Decision
Key Takeaways Grayscale has retained the former U.S. Solicitor General Donald B. Verrilli, Jr. Verrilli will allegedly work to help the firm convert the Grayscale Bitcoin Trust to a spot Bitcoin ETF. ...
Grayscale Bolsters Legal Team With Former Obama Aide Ahead of Spot Bitcoin ETF Decision
“It’s paramount that Grayscale has the strongest legal minds working on our application to convert GBTC to an ETF, and we are thrilled that Verrilli will join our outstanding legal team,” a Gray...
Bitcoin Bank Custodia Sues Federal Reserve, Demanding Decision On Master Account
A gold plated seal outside inside the Eccles Building, the place of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee, Getty Images Bitcoin bank Custodia to...
Biden Will Reportedly Delay Decision On Student Debt Forgiveness Until July Or August
Topline President Joe Biden will likely delay a decision on federal student debt forgiveness until later this summer, the Wall Street Journal reported Monday, leaving tens of millions of borrowers wai...
Abortion Rights Advocate Chains Himself To Supreme Court Fence Ahead Of Roe V. Wade Decision
Topline An abortion rights advocate on Monday jumped over barricades and chained his neck to a fence surrounding the United States Supreme Court building as he chanted “Overturn Roe? Hell no!”, accord...
Was El Salvador’s Decision To Make Bitcoin Tender Legal Right Or Wrong?
El Salvador’s President Nayib Bukele created news when he announced that his country had passed a bill that makes Bitcoin tender legal on September 7, 2021. Bukele first disclosed his intention to mak...
USD to INR analysis ahead of the RBI decision
The USD/INR price has been in a tight range in the past few days as investors target the upcoming Reserve Bank of India (RBI) interest rate decision. The USD to INR pair is trading at 77.61, which is ...
Is the AUD/USD a buy ahead of the RBA decision?
The AUD/USD price has been in a strong bearish trend in the past few days as investors wait for the upcoming RBA interest rate decision. It is trading at 0.7200, which is about 1.15% below the highest...
RBC Stops Sponsoring Golfers Johnson, McDowell Over Decision To Ditch PGA Tour For LIV Golf
Topline The Royal Bank of Canada has ended its sponsorship of golfers Dustin Johnson and Graeme McDowell, the company said in a statement Wednesday afternoon, after the two were included in the field ...
USD/CAD forecast: Downtrend intact ahead of BOC decision
The USD/CAD price retreated to the lowest level since April 22nd ahead of the upcoming interest rate decision by the Bank of Canada (BOC). The pair is trading at 1.2655, which is about 3.26% below the...
Team Option In Oshae Brissett’s Contract Not A Simple Decision For Indiana Pacers
INDIANAPOLIS, INDIANA – FEBRUARY 27: Oshae Brissett #12 of the Indiana Pacers reacts in the third … [+] quarter against the Boston Celtics at Gainbridge Fieldhouse on February 27, 2022 in ...
Song Kang-Ho, ‘Broker’ And ‘Decision To Leave’ Win Big At Cannes Film Festival
(L-R) Dong-won Gang, Joo-Young Lee, Ji-eun Lee, Song Kang-ho and Hirokazu Koreeda attend the … [+] photocall for “Broker (Les Bonnes Etoiles)” during the 75th annual Cannes film fest...
Boston Celtics And Brad Stevens Get High Marks For Al Horford Decision
The Celtics’ Al Horford Boston Globe via Getty Images A little more than a year ago, when the Celtics pulled off the trade that sent point guard Kemba Walker to the Thunder for big man Al Horfor...
USD/TRY forecast and the CBRT interest rate decision preview
The Turkish lira continued its downward trend ahead of the upcoming interest rates by the Central Bank of the Republic of Turkey. The USD/TRY pair rose to a high of 16.36, which was the highest level ...
Ripple’s XRP is unable to make progress; is it due to investors waiting for the SEC vs. Ripple lawsuit decision?
Seems like investors are keenly waiting for the SEC vs. Ripple lawsuit dispute before making any move toward the XRP. Lawsuits over any business or institution play a crucial role in integrity and pro...
Binance’s CZ clears the air: His decision to trade LUNA despite collapse and more
The mammoth crypto crash caused by the Terra (LUNA) fiasco left different opinions from various people in the crypto community. Binance boss ChangPeng Zhao (CZ) in a wide-ranging AMA on Reddit and ans...
Russian Appellate Court Cancels Decision to Block Tor Project’s Website – Bitcoin News
A court of appeals in Russia has overturned a ruling by a regional court which allowed the blocking of the Tor Project’s website in the country. Due to violations during the initial proceedings, the c...
BTC Facing Critical Decision Ahead of a New Week (Bitcoin Price Analysis)
Currently, the price is consolidating inside a crucial demand zone. However, considering the current global markets’ sentiment and recent price action, it’s too early to label the present region as th...
Sixers’ 2022 NBA Draft Fate Hinges On Brooklyn Nets’ Decision
NEW YORK, NEW YORK – JULY 29: NBA commissioner Adam Silver announces a trade during the 2021 NBA … [+] Draft at the Barclays Center on July 29, 2021 in New York City. (Photo by Arturo Holm...
South African rand at risk ahead of SARB decision
The South African rand is hovering near its lowest level since December ahead of the upcoming interest rate decision by SARB. The USD/ZAR pair is trading at 16.027, which is about 11% above the lowest...