Western Union notes in a report on Wednesday: Dollar-Swiss reclaimed parity for the first time since the franc soared in dramatic fashion following a surprise, about-face move on currency policy by the Swiss central bank…
Dollar-Swiss reclaimed parity for the first time since the franc soared in dramatic fashion following a surprise, about-face move on currency policy by the Swiss central bank on Jan. 15.
This is much improved news to share with CHF buyers whose market now is flirting with the best levels since September 2010, where it was in the run up to the Swiss decision in mid-January to untie its currency from the euro.
CHF buyers can lock in the better market with forwards or options which offer insurance and bottom line protection should exchange rates once again experience wild fluctuation.
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…