Quotes from Western Union:- The euro steadied as markets waited on word from Europe over whether Greece's reform list was enough to secure a four-month extension of its bailout program. - Meaningful upside for the euro s…
- The euro steadied as markets waited on word from Europe over whether Greece's reform list was enough to secure a four-month extension of its bailout program.
- Meaningful upside for the euro should remain a challenge given that Greece's stopgap debt measure only puts a momentary lid on the nation's debt woes. Fears of a Greek exit and bankruptcy could flare anew in the months ahead, which could cap interest in the euro.
- Numbers from Europe today went unrevised, having little if any impact on the euro. German growth was confirmed at a solid 0.7% last quarter while euro zone inflation was affirmed at a record matching low of -0.6% in January.
- The euro continues to hold around the most affordable levels in more than a decade for U.S. importers, lower costs that they can preserve with forward contracts.
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…
