Western Union notes: The euro's loss of ground Friday was a clear sign of markets losing confidence in the Greek debt saga ending positively. A fear that Greece could be days away from default caused many to cash in on t…
The euro's loss of ground Friday was a clear sign of markets losing confidence in the Greek debt saga ending positively. A fear that Greece could be days away from default caused many to cash in on the euro's June uptrend, having ended the month of May below $1.10.
The situation remains fluid and if and when a deal for more aid for Greece is reached in time to avert disaster, the euro would be in line to strengthen in relief.
The coming week will be all about Greece and to a lesser extent news on area business confidence and Germany's Ifo index of business sentiment on Wednesday.
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…
