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Add as a preferred source on GoogleExpectations that interest rates in Australia may soon fall from 2.25 percent caused the Aussie dollar to lose its three-month high above $0.8000. The case for a rate cut as soon as the RBA's May 5 meeting seems a bit st…
Expectations that interest rates in Australia may soon fall from 2.25 percent caused the Aussie dollar to lose its three-month high above $0.8000.
The case for a rate cut as soon as the RBA's May 5 meeting seems a bit stronger given the Aussie's recent gain, something the central bank has a low tolerance of given the headwind it puts on the export driven economy, and lackluster manufacturing news from China, the destination for much of Australia's resource commodities.
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…
