The euro drifted below two-week peaks as markets curtailed major bets ahead of the big Fed decision on Wednesday. It also didn't help sentiment for the euro that Friday's Eurogroup meeting was long on talk and short on a…
The euro drifted below two-week peaks as markets curtailed major bets ahead of the big Fed decision on Wednesday. It also didn't help sentiment for the euro that Friday's Eurogroup meeting was long on talk and short on action to help Greece avert default and a boot from the bloc in the weeks ahead.
Expect meaningful gains for the euro to remain a struggle until Athens can produce a satisfactory list of reforms to win its remaining rescue loans. Greece's dwindling coffers are said to have enough money to keep solvent for another few weeks.
Baby step improvement is on the cards for euro zone inflation and unemployment on Thursday. Inflation is forecast to improve to zero from -0.1 percent in March. Unemployment is expected to improve a notch to 11.2 percent.
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…
