Quotes from Western Union:- Sterling squandered a six-week high against the greenback, a currency that benefited from markets' frayed nerves over Greece and news that U.K. consumers held tighter to their wallets than exp…
- Sterling squandered a six-week high against the greenback, a currency that benefited from markets' frayed nerves over Greece and news that U.K. consumers held tighter to their wallets than expected. British retail sales fell 0.3 percent in January, a slightly bigger decline than expected which tempered recent optimism about recovery in Europe's third biggest economy.
- One of the next big events on the radar to drive the pound will be revised U.K. growth figures for the fourth quarter on Feb. 26. Growth is seen going an unrevised 0.5 percent for last quarter. Any surprise upward revision to growth could see the pound rise to fresh highs for the year around $1.56.
- GBP buyers should consider taking advantage of the dollar's slim gain on the year against the pound which has receded markedly in recent weeks.
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…
