Slightly below forecast U.S. retail sales proved a mild catalyst for the U.S. dollar to pare recent gains. Sales rose 0.9% in March, the strongest in a year that put a halt to three straight months of declines. Core spen…
Slightly below forecast U.S. retail sales proved a mild catalyst for the U.S. dollar to pare recent gains. Sales rose 0.9% in March, the strongest in a year that put a halt to three straight months of declines.
Core spending was also a little lighter than expected, rising 0.3%. The number was consistent with the U.S. economy on the mend after starting the year slowly.
The outcome keeps uncertainty high over the timing of a Fed rate hike. But the still decent outcome shouldn't scare too many dollar bulls away for long.
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…
