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Add as a preferred source on GoogleThe greenback's recent loss of favor has helped the Aussie buck rebound from six-year lows. Still, meaningful gains may be tough to sustain for the Aussie given the elevated chance Australia's Reserve Bank could cut inte…
The greenback's recent loss of favor has helped the Aussie buck rebound from six-year lows. Still, meaningful gains may be tough to sustain for the Aussie given the elevated chance Australia's Reserve Bank could cut interest rates again, perhaps as soon as bankers' coming meeting on April 7.
Moreover, the return to risk averse trading conditions leave the higher-yielding Aussie on a vulnerable footing since skittish markets soften abandon yield for safety when tensions flare.
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…
