It’s all eyes on the Federal Reserve (Fed) for this week as the latest interest rate call on Wednesday from the Fed hangs over the markets. US equitie
EUR/USD lost its recovery momentum and could not hold above 1.0700. The pair declined towards 1.0670 as the USD rebounded, supported by higher Treasury yields. Market participants are awaiting the Federal Reserve's decision.GBP/USD retreated from 1.2425 to the 1.2380 area as the US Dollar strengthened during the American session. The Pound remains weak ahead of crucial events, including UK inflation data, the FOMC decision on Wednesday, and the Bank of England's on Thursday.
The US Dollar remained away from the market’s favor for most of the day, although losses were moderated amid prevalent caution.Injective price is trading with a bullish bias, outperforming many cryptocurrencies, including Bitcoin . The rally could continue, but it all depends on how bulls play their hand. Experts advise that now could be the ideal time to invest in altcoins.
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