The Down Under dollars were just that as both the kiwi and Aussie tumbled more than 1 percent against the otherwise weaker greenback. Kiwi led the commodity duo downward after its central bank ended a meeting in dovish f…
The Down Under dollars were just that as both the kiwi and Aussie tumbled more than 1 percent against the otherwise weaker greenback. Kiwi led the commodity duo downward after its central bank ended a meeting in dovish fashion and kicked open the door to a rate cut in the months ahead from 3.50 percent.
Officials are keeping a wary eye on inflation which at 0.1 percent annually is running at the unhealthiest level in 15 years. The Aussie dollar largely fell in sympathy with the kiwi, though uncertainty over whether the Reserve Bank of Australia (RBA) would hold off on a rate cut from 2.25 percent on May 5 stiffened its headwind.
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…
