The Aussie dollar kept to a higher orbit against the greenback, building on last week's more than 1.5 percent gain which amounted to its best week in a year. But the Aussie sank to record lows against the kiwi dollar. Ne…
The Aussie dollar kept to a higher orbit against the greenback, building on last week's more than 1.5 percent gain which amounted to its best week in a year. But the Aussie sank to record lows against the kiwi dollar.
New Zealand is home to the developed world's highest interest rate at 3.5 percent, a big plus for the kiwi's value. And New Zealand's juicy yield differential against the lower-yielding Aussie, at 2.25 percent, could widen further if Australia's central bank should cut rates at a coming meeting.
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…
