Quotes from Lloyds Bank The USD made gains against EUR, GBP and other European currencies yesterday, while the commodity currencies held relatively better. This could be market positioning ahead of US payrolls. While the…
The USD made gains against EUR, GBP and other European currencies yesterday, while the commodity currencies held relatively better.
This could be market positioning ahead of US payrolls. While the ADP employment report was marginally weaker than expected, the non-manufacturing ISM was firm.
Furthermore, the employment component rose sharply to its highest level since October after declining for three consecutive months.
This should be supportive for market expectations of a decent payroll report on Friday.
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…
