Commentary
Add as a preferred source on GoogleWestern Union notes: The loonie slipped to two-week lows, weighed down by a resurgent U.S. dollar and slumping oil prices which tipped back below $60. An absence of Canadian data this week should see the loonie take its …
Western Union notes:
The loonie slipped to two-week lows, weighed down by a resurgent U.S. dollar and slumping oil prices which tipped back below $60. An absence of Canadian data this week should see the loonie take its main cues from news south of the border.
So far the week is off to a constructive start for the world's top economy, with important news on the U.S. consumer to follow from Thursday forward. Better data has boosted U.S. yields, lifting the dollar in the process.
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…
