Western Union notes in a report on Wednesday: The dollar flew at new multiyear highs as better jobs data kept a brighter spotlight on the Fed who mulls a policy decision next week. But with the dollar continuing to pour …
The dollar flew at new multiyear highs as better jobs data kept a brighter spotlight on the Fed who mulls a policy decision next week. But with the dollar continuing to pour on the appreciation, the Fed might feel less pressure to raise rates since a strong currency can have a growth dampening effect much like an interest rate hike.
The dollar's steady ascension also highlights the importance for customers to have a systematic hedge plan in place that enables them to participate in further gains for the greenback.
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…
