Commentary
Add as a preferred source on GoogleQuotes from Societe Generale Cross Asset Research: -Since April 2014, the EUR/USD has depreciated from 1.38 to 1.14 (-18%). In trade-weighted terms, the euro has fallen by only 10% since spring 2014. Overall, we expect t…
Quotes from Societe Generale Cross Asset Research:
-Since April 2014, the EUR/USD has depreciated from 1.38 to 1.14 (-18%). In trade-weighted terms, the euro has fallen by only 10% since spring 2014. Overall, we expect the EUR/USD to decelerate to 1.10 at year-end 2015.
-Given the large current account surplus in the euro area and the PPP at 1.30, we expect the EUR/USD to pickup gradually beyond 2016 and reaching 1.30 in 2018.
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…
