Quotes from Western Union:- The sterling pound slipped lower from its highest level since early Feb. The market is shifting focus to the election in May which could result in higher spending and greater regulation of the…
- The sterling pound slipped lower from its highest level since early Feb. The market is shifting focus to the election in May which could result in higher spending and greater regulation of the large financial sector.
- In recent days the Pound was also buoyed by cross flow from the Euro where interest rate differentials are attracting flows which are positioning for the commencement of ECB QE measures next month.
- The Sterling Pound is up about 3% from its 2015 lows below 1.50 traded in late January about a month back and it is pushing some traders to take profits off the table and wait for further direction to evolve.
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…
