The euro bled a good portion of its gains from Thursday as bearish sentiment returned to the fore. Weak U.S. spending figures and a market desire to cash in on the greenback's torrid strength helped buy the euro some mom…
The euro bled a good portion of its gains from Thursday as bearish sentiment returned to the fore. Weak U.S. spending figures and a market desire to cash in on the greenback's torrid strength helped buy the euro some momentary time above recent 12-year lows.
Sentiment toward the euro darkened appreciably this week after the ECB's implementation of QE stimulus had a dramatic impact on area yields, sending some deeper below zero which has fueled a stampede out of Europe to higher yields abroad in the U.S., buoying the greenback.
The week ahead features influential data on Germany's Ifo survey of investor confidence on Tuesday, and the final print of euro zone inflation, due 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…
