Western Union:Sterling recovered from its brush Monday with one-month lows against the dollar, riding the euro's coattails higher. Underlying sterling sentiment has dimmed following a run of lackluster data that has unde…
Sterling recovered from its brush Monday with one-month lows against the dollar, riding the euro's coattails higher. Underlying sterling sentiment has dimmed following a run of lackluster data that has underlined Britain's low interest rate outlook for the foreseeable horizon.
The pound's better tone could prove short-lived if U.K. services growth on Wednesday should show some moderation as expected.
No change is expected when the Bank of England renders a policy announcement Thursday. The minutes of this week's meeting will be released June 17, the same day the Fed announces its next decision.
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…
