Western Union:Sterling-denominated bills are markedly more affordable now than a mere two weeks ago. Sterling has depreciated more than five cents over that span, amounting to meaningful savings for customers that astute…
Sterling-denominated bills are markedly more affordable now than a mere two weeks ago. Sterling has depreciated more than five cents over that span, amounting to meaningful savings for customers that astutely choose to pay their invoices in the U.K. currency.
Driving the pound lower and the dollar higher have been markets second thoughts about the health of the U.K. economy and strengthening conviction for U.S. interest rates to rise this year.
The opening week of June features British manufacturing and services growth on Monday and Wednesday, respectively, and a Bank of England policy announcement on Thursday at which area interest rates are expected to stay put at record lows of 0.50 percent.
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…
