Market news
Crypto, stocks, forex and macro, aggregated for traders.
US Dollar Index Rallies as Fed Turns Hawkish Under New Chair
The US Dollar Index surged after the Federal Reserve held rates steady at 3.50–3.75% but signaled a hawkish stance, particularly in the first meeting chaired by Kevin Warsh.
Gold Volatile After Fed Holds Rates, Hawkish Dots
Gold prices whipsawed after the Federal Reserve kept rates unchanged at 3.50%-3.75%, while the Summary of Economic Projections indicated inflation staying above 3%.
Federal Reserve Holds Rates Steady at 3.50%-3.75% in June
The Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75% following its June meeting, matching market expectations.
Fed Holds Steady, 9 of 18 Officials Expect Rate Hike This Year
The Federal Reserve left interest rates unchanged for the fourth consecutive meeting, while a divided committee showed 9 out of 18 officials anticipate at least one rate hike in 2026. The central bank also lowered its GDP growth forecast and sees inflation remaining elevated.
Fed Holds Rates at 3.5-3.75% as Expected; Bitcoin Volatile
The US Federal Reserve kept interest rates unchanged at 3.5-3.75%, matching market expectations. Bitcoin reacted with volatility during the first FOMC meeting chaired by new Fed Chair Kevin Warsh.
Fed Holds Rates Steady at 3.50%-3.75% in June Meeting
The Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75% following its June meeting, matching market expectations.
US Releases Full Text of 14-Point MOU with Iran, 60-Day Negotiation Window
The US and Iran have signed a Memorandum of Understanding outlining key terms including ceasefire, sanctions relief, oil waivers, and a $300 billion reconstruction fund, triggering a 60-day window for a final deal.
USD/CHF Holds Above 200-Day SMA as Inverse Head-and-Shoulders Pattern Remains Intact
The USD/CHF pair traded steady near 0.7932 on Wednesday as traders awaited the Federal Reserve's policy decision, with the central bank expected to keep interest rates unchanged. Technical indicators show the pair remains above the 200-day simple moving average, with an inverse head-and-shoulders pattern still in play.
Gold Rises as Traders Eye Hawkish Fed Debut Under Warsh
Gold (XAU/USD) climbed 0.77% on Wednesday as the market awaits the Federal Reserve's first policy decision under Kevin Warsh, expected to hold rates steady amid inflation concerns.
UK Faces Brexit Consequences a Decade After Referendum
June 23 marks the tenth anniversary of the Brexit referendum, which led to the UK's exit from the European Union. The post highlights the ongoing economic and political consequences for the UK.
US Official Says Nuclear Issue First, Then Proxy Funding in Iran Talks
A senior US official stated that after resolving the nuclear issue, discussions will cover proxy funding. This weekend's meeting in Switzerland is critical for advancing talks with Iran.
US Official: Sanctions Relief Possible if Iran Agrees to Downblend Uranium Stockpile
A senior US official stated that sanctions relief would be permitted if a final nuclear deal is reached and Iran complies. Iran has agreed, at minimum, to destroy its enriched uranium stockpile through downblending. The sequencing of steps will be a key topic in forthcoming negotiations.
Iran Agrees to Destroy Uranium Stockpile, Cease Strait of Hormuz Threats: US Official
A senior U.S. official read out the formal text of a memorandum of understanding with Iran, stating that Iran will cease efforts to block the Strait of Hormuz and destroy its enriched uranium stockpile.
WTI Stabilizes Below $76 as Markets Assess US-Iran Deal
West Texas Intermediate crude trades near $75.70 on Wednesday, edging down 0.22% as market participants weigh the implications of a potential US-Iran agreement.
Crypto Roundup: Bitcoin Consolidation, US CBDC Ban, Hyperliquid OI Hits $10B
Bitcoin consolidates as the US bans CBDC until 2030, Hyperliquid reaches $10B in open interest, and memecoin activity plummets on Pumpfun.
UKMTO: Vessel Returns Fire, Suspect Vessels Disengage
The UK Maritime Trade Operations reports that a vessel deployed a security team and returned fire, after which suspect vessels disengaged and moved over four nautical miles away. The crew is safe.
Vessel Fired Upon by Armed Skiffs off Yemen Coast
The UK Maritime Trade Operations reports an incident 105 nautical miles northeast of Aden, where a vessel was approached within 4 meters and fired upon by two skiffs with armed personnel onboard.
Moody's Expands Token Integration Engine to Solana for On-Chain Credit Ratings
Moody's Ratings has expanded its Token Integration Engine to the Solana blockchain, allowing credit ratings to be integrated and machine-readable on a public blockchain for the first time.
Gold Options Bearish Positioning Hits Extremes: GLD Put-Call Skew Near Record
The 6-month put-call skew on GLD has risen to 1.03, near its highest since 2017, while the 3-month skew hit a record 1.19, indicating extremely crowded bearish positioning in gold options.
US Congress Advances Bill Banning Fed CBDC Until 2030
The US Senate and House have agreed to advance the 21st Century ROAD to Housing Act, which prohibits the Federal Reserve from issuing a central bank digital currency (CBDC) until December 31, 2030. Private stablecoins are exempt from the restriction.
Sterling Slides on Soft UK CPI, US Retail Sales Support Dollar
The British pound fell toward 1.3400 against the U.S. dollar after weaker-than-expected UK inflation data reduced the likelihood of a Bank of England rate hike, while strong U.S. retail sales boosted the greenback.
AUD/USD Steady Near 0.7070 on Improved Risk Sentiment
The Australian Dollar holds firm against the US Dollar as risk sentiment improves following comments from Trump on Iran. The pair trades around 0.7070 with a neutral tone.
US and Iran Discuss Moving Up Iran Deal Signing
Axios reports that the US and Iran are negotiating to advance the signing of the Iran deal from Friday to as early as today, with an electronic signing and immediate effect on Strait of Hormuz provisions.
US and Iran Discuss Moving Up Iran Deal Signing to Today
The US and Iran are reportedly discussing accelerating the signing of the Iran agreement from Friday to as early as today. If finalized, the MOU would be signed electronically and parts concerning the Strait of Hormuz would take effect immediately.