Great levels for GBP buyers with sterling further below $1.50 and close to five-year lows. Lots of risk looms Wed when BoE minutes come due along with a fresh round of employment figures from Britain - all of which could…
Great levels for GBP buyers with sterling further below $1.50 and close to five-year lows. Lots of risk looms Wed when BoE minutes come due along with a fresh round of employment figures from Britain - all of which could be overshadowed by the Fed's afternoon policy announcement and press briefing by Chair Janet Yellen.
The next 50 days look daunting for sterling with the risk of a hung parliament on the rise ahead of Britain's May 7 general election.
GBP buyers want to hedge their exposure in a way that allows for participation should the pound continue to grind downward. A way to do that, for example, would be for buyers to cover half of their need over the next six months with forward contracts.
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…
