The euro took aim at recent two-month highs as growth worries returned to pressure the U.S. currency. The euro also benefited from rising yields on German government bonds or Bunds which helped narrow the advantage of co…
The euro took aim at recent two-month highs as growth worries returned to pressure the U.S. currency. The euro also benefited from rising yields on German government bonds or Bunds which helped narrow the advantage of comparable U.S. yields.
The yield on the German 10-year bond was close to 0.60 percent, the highest this year, from the all-time lows barely above zero recorded in April. Area data largely offset with retail sales down 0.8 percent in March but services growth got upgraded to 54.1 in April.
Greece reportedly repaid the IMF the €200 million ($222 million) that it owed. But Athens has a bigger payment of €750 million to make on May 12.
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…
