Sterling rallied close to 1-month highs against both the US dollar and Euro last week after solid UK labour market data. The reports on jobs and wage growth gave international investors more confidence about future UK ec…
Sterling rallied close to 1-month highs against both the US dollar and Euro last week after solid UK labour market data. The reports on jobs and wage growth gave international investors more confidence about future UK economic growth and helped divert attention away from political speculation ahead of elections on May 7th.
The BOE will publish its April meeting minutes on Wednesday April 22nd at 09:30 and the notes could uncover another currency surprise. Previous minutes revealed concerns amongst policy makers about the strength of the pound weighing on UK inflation prospects.
Solid UK retail sales data on Thursday April 23rd at 09:30 could offer more support for Sterling. However, Greek debt negotiations could still be the main driver for currencies.
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…
