Quotes from Western Union:- The week so far has gone better than planned for Aussie bulls as the Down Under unit has successfully weathered a central bank decision and quarterly growth data today that were in line with f…
- The week so far has gone better than planned for Aussie bulls as the Down Under unit has successfully weathered a central bank decision and quarterly growth data today that were in line with forecasts.
- Australia grew 0.5% on the quarter in the final three months of 2014 compared to a slightly upgraded 0.4% in the third quarter, news that added validation to the RBA's decision not to cut rates this week from 2.25%. The Aussie isn't out of the woods however since its full year growth for all of 2014 was 2.5%, below the historical trend levels of around 3.25%.
- The RBA this week passed on a rate cut but left the door open to lower rates if needed over the coming months, keeping the outlook skewed dovishly and a source of weakness alive for the Aussie.
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…
