Sterling ducked back below $1.50 after a stomach-churning, rollercoaster session Wednesday ended up being the pound's best one-day outing in 5 ½ years. The pound had benefited as the Fed news this week sparked an unwindi…
Sterling ducked back below $1.50 after a stomach-churning, rollercoaster session Wednesday ended up being the pound's best one-day outing in 5 ½ years.
The pound had benefited as the Fed news this week sparked an unwinding of long dollar positions which are bets on a strengthening greenback.
But sterling's weaker bias returned to the fore Thursday as the U.K. economy's record low level of inflation is expected to keep a local rate hike on the backburner for the foreseeable future.
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…
