Western Union notes:The data-deprived dollar so far this week has largely looked abroad for its cues. The dollar has struggled as Japan has talked up its currency from 13-year lows and bonds in Europe continued to offer …
The data-deprived dollar so far this week has largely looked abroad for its cues. The dollar has struggled as Japan has talked up its currency from 13-year lows and bonds in Europe continued to offer juicer yields.
Uncertainty remains at a fever pitch however and the dollar could catch a break should data over the coming two days speak better about the consumer, the economy's lead growth engine, and turn up the heat on the Fed to raise rates. Retail sales Thursday are forecast to top 1% while consumer sentiment Friday is expected to brighten.
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…
