Worries about Greece's frail fiscal health continued to gnaw at the euro and highlight its underlying bearish bias. The situation in Greece has become so dire that Athens this week ordered local governments to fork over …
Worries about Greece's frail fiscal health continued to gnaw at the euro and highlight its underlying bearish bias. The situation in Greece has become so dire that Athens this week ordered local governments to fork over cash reserves to help the cash-strapped country better meet its obligations.
A meeting of the Eurogroup of top finance officials Friday will give Greece another opportunity to win much needed bailout funds. Failure of Greece to earn more rescue money this week would heighten the risk of default and move it a step closer to exiting the euro, a scenario that could destabilize global markets and buoy traditional safety ports like the dollar and yen.
Germany's ZEW survey of investor confidence unexpectedly fell to 53.3 in April, two points under forecasts, disappointing news that added more fuel to the softer euro.
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…
