Commentary
Add as a preferred source on GoogleWestern Union:The Sterling Pond has now given up a substantial part of the gains posted after the crucial general elections earlier this month. The strong US Dollar has reversed some of these gains. There are expectation…
Western Union:
The Sterling Pond has now given up a substantial part of the gains posted after the crucial general elections earlier this month. The strong US Dollar has reversed some of these gains.
There are expectations that the UK economy which has the fastest growth rate among G-7 countries could see a rate hike sometime later this year. This will support the sterling pound and we could see this factor push the Sterling Pound back towards 1.6000 as we progress towards the end of the year.
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…
