
US Dollar Rises After Fed Rate Cut, AUD and GBP in Focus
The U.S. dollar strengthened after the Federal Reserve's 25bp rate cut was less aggressive than expected, putting AUD/USD and GBP/AUD in focus.
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The U.S. dollar strengthened after the Federal Reserve's 25bp rate cut was less aggressive than expected, putting AUD/USD and GBP/AUD in focus.
Gold prices have surged 121% in three years, outperforming the S&P 500, with analysts pointing to central bank buying and investor demand as key drivers for future growth.
Cryptocurrency markets are on edge awaiting the Federal Reserve's rate decision, as analysts believe a cut is already priced in. Attention is also on large Bitcoin holders moving millions.
Bitcoin is defying historical trends with an 8% gain in September, making it the strongest performance for the month since 2012 and its second-best ever.
The cryptocurrency market is showing mixed signals, with Bitcoin and Ethereum holding steady while various altcoins experience significant price volatility.
Major cryptocurrencies are trading in a narrow range as investors await the Federal Reserve's pivotal interest rate decision, with over $214 million in liquidations.