Quotes from Western Union:- Mostly positive world stocks, a decent amount of risk appetite and the chance the Fed chair could talk about the possibility of raising U.S. interest rates this year weighed on the safer Japan…
- Mostly positive world stocks, a decent amount of risk appetite and the chance the Fed chair could talk about the possibility of raising U.S. interest rates this year weighed on the safer Japanese currency which neared its weakest in two weeks.
- But to put it in better context the weaker Japanese currency is a few yen away from recent seven-year lows against its U.S. counterpart. Global uncertainty has helped limit falls for the yen while the market perception that levels near ¥120 could be Japan's so-called line in the sand when it comes to tolerating currency weakness.
- The yen's recent performance suggests the current market offers an excellent buying opportunity for U.S. importers.
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…
