The fast falling euro finally caught a break as it bounced above fresh dozen year lows under $1.05. The euro's months long slide gathered pace this week after the ECB hit the start button on its gigantic bond buying prog…
The fast falling euro finally caught a break as it bounced above fresh dozen year lows under $1.05.
The euro's months long slide gathered pace this week after the ECB hit the start button on its gigantic bond buying program. The impact of the bank's trillion euro program has been immediate, sending area interest rates sharply lower, which has watered down the euro's value.
The euro's bounce should prove short-lived as decidedly bearish sentiment will leave it vulnerable to fresh selling pressure and at growing risk of a fall to and maybe below parity.
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…
