Indian Rupee weakens against US Dollar on receding Fed dovish bets

The post Indian Rupee weakens against US Dollar on receding Fed dovish bets appeared com. The Indian Rupee (INR) opens on a negative note against the US Dollar (USD) on Thursday. The USD/INR pair jumps to near 88. 80 as the US Dollar (USD) outperforms its peers, following the release of the Federal Open Market Committee (FOMC) minutes of the October policy meeting on Wednesday. In the policy meeting, the Fed decided to cut interest rates by 25 basis points (bps) to 3. 75%-4. 00%. At the time of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, revisits an over five-month high of around 100. 40. The FOMC minutes showed that few policymakers would have been satisfied even if interest rates were held steady, as the outright rate cut for the second time in a row could stall progress in inflation returning to the central bank’s 2% target. Over the December policy meeting, officials were divided about reducing interest rates again, citing that further monetary expansion could boost inflation expectations and dampen households’ trust in the central bank’s commitment to bring inflation lower to the 2% target in a timely manner. Remarks from many Fed officials pointing to a pause in the monetary expansion cycle have resulted in a further reduction in bets supporting an interest rate cut in December. According to the CME FedWatch tool, the probability of the Fed cutting interest rates by 25 basis points (bps) to 3. 50%-3. 75% in the December meeting has diminished to 32. 8% from 50. 1% seen a day before the FOMC minutes release. Daily digest market movers: Investors await US NFP data for fresh cues on current status of labour market A strong opening by the USD/INR pair on Thursday is also driven by weakness in the Indian Rupee. The Indian currency has come under pressure as investors turn anxious over the delay in the announcement. Continue reading Indian Rupee weakens against US Dollar on receding Fed dovish bets

Kraken Raises $800M to Expand Global On-Chain Financial Infrastructure

The post Kraken Raises $800M to Expand Global On-Chain Financial Infrastructure appeared on BitcoinEthereumNews.com. Home » Crypto News Kraken raised $800M across two tranches to scale operations and expand global markets. ‘; } function loadTrinityPlayer(targetWrapper, theme,extras=””) { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper.classList.add(‘played’); // Create script const scriptEl = document.createElement(“script”); scriptEl.setAttribute(“fetchpriority”, “high”); scriptEl.setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`); scriptURL.searchParams.set(“pageURL”, window.location.href); scriptEl.src = scriptURL.toString(); // Insert player const placeholder = targetWrapper.querySelector(“.add-before-this”); placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling); } function getTheme() { return document.body.classList.contains(“dark”) ? “dark” : “light”; } // Initial Load for Desktop if (window.innerWidth > 768) { const desktopBtn = document.getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn.addEventListener(“click”, function () { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′); }); } } // Mobile Button Click const mobileBtn = document.getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn.addEventListener(“click”, function () { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′); }); } function reInitButton(container,html){ container.innerHTML = ” + html; } // Theme switcher const destroyButton = document.getElementById(“checkbox”); if (destroyButton) { destroyButton.addEventListener(“click”, () => { setTimeout(() => { const theme = getTheme(); if (window.innerWidth > 768) { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if(desktopWrapper.classList.contains(‘played’)){ loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′); }else{ reInitButton(desktopWrapper,’Listen‘) const desktopBtn = document.getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn.addEventListener(“click”, function () { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’); }); } } } else { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if(mobileWrapper.classList.contains(‘played’)){ loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′); }else{ const mobileBtn = document.getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn.addEventListener(“click”, function () { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′); }); } } } }, 100); }); } })(); Summarize with AI Summarize with AI Crypto exchange Kraken has announced that it raised $800 million in funding across two tranches as part of an effort to expand its on-chain financial infrastructure and broaden its global presence. According to the company, the primary tranche was led by institutional investors, including… Continue reading Kraken Raises $800M to Expand Global On-Chain Financial Infrastructure

“Tatsuya Imai is not coming”; “Please stop the Dodgers” – Yankees fans make feelings clear on major Tatsuya Imai offseason decision

The New York Yankees are reportedly among the teams expected to go after Tatsuya Imai, who was posted by the Seibu Lions under the NPB-MLB posting system. Continue reading “Tatsuya Imai is not coming”; “Please stop the Dodgers” – Yankees fans make feelings clear on major Tatsuya Imai offseason decision

Bitcoin Selloff Alert: Galaxy Digital Quietly Trims BTC Stack As Market Volatility Rises

The post Bitcoin Selloff Alert: Galaxy Digital Quietly Trims BTC Stack As Market Volatility Rises appeared com. Bitcoin Selloff Alert: Galaxy Digital Quietly Trims BTC Stack As Market Volatility Rises | Bitcoinist platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person’s existence. Not illusions, but dreams are what I pursue. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source:. Continue reading Bitcoin Selloff Alert: Galaxy Digital Quietly Trims BTC Stack As Market Volatility Rises

‘Nobody asked for this’: Waymo cars flock to quiet Palo Alto street

Days after Waymo announced its expansion in Silicon Valley, residents of one south Palo Alto neighborhood experienced an unfortunate side effect of this drive when a procession of driverless cars crowded the road outside their house. The post ‘Nobody asked for this’: Waymo cars flock to quiet Palo Alto street appeared first on Palo Alto Online. Continue reading ‘Nobody asked for this’: Waymo cars flock to quiet Palo Alto street

ShackStream: Fishing in the Highlands in Farming Simulator 25

Jan has been doing a lot of farming off-stream lately, and now it’s time to check out the new features in the Highlands Fishing expansion. Continue reading ShackStream: Fishing in the Highlands in Farming Simulator 25