Western Union:
Good news today on the U.S. economy helped the dollar keep close to session highs and the Fed on track to boost interest rates. ADP reported faster private-sector hiring with its monthly survey rising 201,000 in May from 165,000 in April.
The U.S. trade gap shrank more than 25 percent to $40.9 billion in April from $50.6 billion in March. The smaller deficit augurs better for Q2 growth.
Commentary
USD review
Western Union:Good news today on the U.S. economy helped the dollar keep close to session highs and the Fed on track to boost interest rates. ADP reported faster private-sector hiring with its monthly survey rising 201,0…
Related articles
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
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…
FxWirePro- Bitcoin Whales accumulation (positive for Bitcoin)
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…
U.S. personal income and spending rose less than expected in August
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…
