Western Union notes:The euro lost some of its resilience as mounting unease over Greece helped steer nervous investors toward alternative currencies like the pound. Sterling's outperformance against the euro translated i…
The euro lost some of its resilience as mounting unease over Greece helped steer nervous investors toward alternative currencies like the pound.
Sterling's outperformance against the euro translated into gains against the dollar. Healthier U.K. inflation also buoyed the pound.
Adding to the euro's weaker tone, Germany's ZEW index of investor optimism darkened more than expected to 31.5 in June from 41.9 in May which was the weakest level since November.
Pullbacks in the euro have proven short-lived of late as markets have loosened ties to the dollar given America's growth setback to start the year which has muddied the outlook for higher U.S. interest rates.
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…
