Coinbase is overhauling its process for adding new cryptocurrencies to its exchange.
Live from the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Dion Rabouin to discuss the latest market moves.
Investing.com - The U.S. Dollar was unchanged on Wednesday as markets awaited the conclusion of the Federal Reserve’s latest meeting, while the New Zealand Dollar jumped against the dollar on a better-than-expected business confidence report.
Kiwi Dollar spikes on less pessimistic business sentiment, with Trump and Powell in the spotlight later today to hit the Dollar and the majors.
Coinbase's new policy will speed the addition of assets to the exchange but may leave users in some places unable to trade coins available elsewhere.
Major currencies see muted action Tuesday as investors await the Federal Reserve’s highly anticipated interest-rate decision and policy update on Wednesday, the major event of the week.
Investing.com - Gold firmed its footing in $1,200 territory on Tuesday as traders sold the dollar after fully factoring in expectations of a Federal Reserve rate hike in the next 24 hours.
Investing.com - The dollar was on the backfoot against its rivals Tuesday, shrugging off stronger U.S. economic data and the prospect of further monetary policy tightening as the two-day Fed meeting got underway.
The price action in gold prices is like a broken record as bulls and bears are having a difficult time pushing prices out of their current range. Prices have been trading near the 1,200 mark for nearly a month. The sideways price action of the dollar is creating an uncertain situation. Additionally, the trade spat between the US and China is generating unwanted volatility. The softer than expected acceleration in US home prices also weighed on the US dollar despite a rise in interest rates.
Investing.com - The dollar slid to the lowest levels of the day against a currency basket ahead of the two-day Federal Reserve meeting beginning later Tuesday, at which it was widely expected to hike rates for the third time this year.
Europe’s main stock gauge closes in the black on Tuesday, after a weaker start to the week as major oil companies climb on an extended run for crude prices and investors look ahead to the start of the Federal Open Market Committee meeting.
Cryptocurrencies were lower on Tuesday, while a report from the Bank for International Settlements found that government talk of regulation can have a negative impact on digital currency prices. Bitcoin decreased 3.05%% to $6,425.60 on the Bitfinex exchange, as of 9:20 AM ET (13:20 GMT). Cryptocurrencies overall were lower with the coin market cap of total market capitalization at $208 billion at the time of writing compared to $219 billion on Monday.
Investing.com - Gold prices edged higher on Tuesday, as the dollar dipped ahead of the two-day Federal Reserve meeting beginning later in the day, at which it was widely expected to deliver its third rate hike this year.
Investing.com – U.S. futures pointed to a slightly higher opening bell on Tuesday as investors wait for trade developments and the Federal Reserve begins its two-day policy meeting.The S&P 500 futures rose 7 points or 0.25% to 2,932.75 as of 6:50 AM ET (10:50 GMT) while Dow futures gained 76 points, or 0.29%, to 26,686.0. Meanwhile tech heavy Nasdaq 100 futures increased 10 points, or 0.14%, to 7,596.25.U.S. trade representatives and Japan’s economy minister meet for a second round of trade talks that were postponed from Monday. ...