The euro rose to one-week peaks above $1.07 against the greenback, a lift brought on by weak U.S. data this week on manufacturing that stopped short of cementing the case for a Fed rate hike. The euro's decidedly bearish…
The euro rose to one-week peaks above $1.07 against the greenback, a lift brought on by weak U.S. data this week on manufacturing that stopped short of cementing the case for a Fed rate hike. The euro's decidedly bearish backdrop leaves it prey to selling on any rise.
Meanwhile, lurking close to the surface are daunting euro negatives such as elevated risk of Greece defaulting on its debts and the early success of the ECB's massive bond buying campaign that's dramatically dropped yields across Europe which has done significant damage to the euro's allure.
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…
