Here's What's Happening in Markets Today: April 10
Markets plummet as inflation report wrecks investors’ rate cut hopes.
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Markets plummet as inflation report wrecks investors’ rate cut hopes.
The Bitcoin halving is expected as soon as next week. But a worsening macro climate, and uncertainty around whether the halving will be a sell-the-news event is playing on trader’s minds.
EUR/USD went into a consolidation phase near 1.0850 after closing in positive territory on Monday.
The Australian Dollar (AUD) continues to hold onto its gains registered in the previous session despite the subdued Westpac Consumer Confidence released on Tuesday.
Investors hoped for big US Federal Reserve interest rate cuts this year, but now it's unclear if even half of what was expected will happen.