Western Union:Australia's juicy 2.25% yield - second best in the developed world after New Zealand's 3.50% - helped the Aussie dollar notch 10-day highs against its otherwise stronger U.S. counterpart. Though comfortably…
Australia's juicy 2.25% yield - second best in the developed world after New Zealand's 3.50% - helped the Aussie dollar notch 10-day highs against its otherwise stronger U.S. counterpart.
Though comfortably above recent six-year lows under $0.7600, the Aussie could be skating on thin ice. Critical inflation data are due from China on Friday. Prices are forecast to fall a tick to 1.3% annually in March.
Weaker data from China tends to weigh on the Aussie given the nations' close trade bond. Although the RBA this week took a surprise pass on cutting interest rates, the future still augurs lower rates which risks undercutting Aussie rallies.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
