Western Union notes:Surprisingly bullish U.K. factory data and another leg lower for the greenback helped the pound bolt to two-week highs. Suggesting a better start to the second quarter, industrial output topped foreca…
Surprisingly bullish U.K. factory data and another leg lower for the greenback helped the pound bolt to two-week highs. Suggesting a better start to the second quarter, industrial output topped forecasts with a 0.4% gain in April while the prior month got upgraded.
More event risk looms before the end of the day however which could keep the pound on vulnerable ground. Britain's central bank governor around 4 p.m. ET today is due to deliver his Mansion House speech that last year served as a launching pad for the pound when Mr. Carey hinted at the potential for an earlier U.K. rate hike.
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…
