Western Union notes: The dollar got a fundamental boost in constructive U.S. data this week which sent it to two-week highs against the euro. Existing home sales rose at the fastest rate in years while a gauge of busines…
The dollar got a fundamental boost in constructive U.S. data this week which sent it to two-week highs against the euro. Existing home sales rose at the fastest rate in years while a gauge of business spending rose for the second time in three months.
Solid U.S. data has pushed up U.S. Treasury yields, a reflection of greater confidence in a Fed rate hike this year. The final estimate of U.S. first quarter growth on Wednesday is forecast to show a smaller contraction while data on the all-important consumer on Thursday will also be pivotal in shaping expectations for U.S. interest rates.
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…
