Western Union notes: The Swiss franc was ground zero to market volatility as many ducked for cover in the Alpine unit to seek refuge from growing fears of a Greek default and the can of worms that could unleash for world…
The Swiss franc was ground zero to market volatility as many ducked for cover in the Alpine unit to seek refuge from growing fears of a Greek default and the can of worms that could unleash for world markets.
A strong franc is considered a bad thing for the export-driven Swiss economy which is already in weak shape. The rise in the franc comes on the eve of a Swiss central bank meeting, suggesting a higher risk that officials could take action and drop its key rates further below zero.
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…
