The Euro exchange rate movement on the world market shows that the EUR/USD index is currently at 1.087, a slight decrease of 0.0003 points, equivalent to 0.0276% compared to the previous session. The Euro is slightly down today. The euro area and the UK will release PMI data on Wednesday (August 23), which could provide insight into whether the European Central...
The world gold market was under pressure due to the increase in US Treasury bond yields and the USD index. Yields on 10-year US Treasuries hit their highest level in 15 years. The USD index recorded a 9-week high, closing the session at 103 points. Bond yields rose ahead of the possibility that the US Federal Reserve (Fed) would maintain the current high interest...
The Euro exchange rate movement on the world market shows that the EUR/USD index is currently at 1.0885, up 0.0014 points, equivalent to 0.13% compared to the previous session. The euro has risen again today after yesterday's (August 17) weakness. In early August, the European Statistics Agency released its Retail Sales Index, which showed that the volume of...
The pound strengthened as the latest report showed inflation in the country fell to a 15-month low. Closing this session, the pound was trading at 1.2725 USD to 1 pound compared to 1.2705 USD to 1 pound previously. However, experts point out that the UK has the highest inflation rate of any member state of the Group of Seven leading industrialized nations (G7)...
In the world market, spot gold price on Kitco floor on August 17 (at 8 pm, Vietnam time) traded at 1,898 USD/ounce. Gold market continues to plunge near the lowest level in 5 months. According to a report by the US Department of Labor, the number of weekly jobless claims fell by 11,000 to 239,000. This metric provides little insight into the health of the economy....
The Euro exchange rate movement on the world market shows that the EUR/USD index is currently at 1.0862, down 0.0012 points, equivalent to 0.1104% compared to the previous session. The euro is down again today. The Netherlands, the euro area's fifth-largest economy, unexpectedly fell into its first recession since the pandemic due to weakness in both consumer...
World gold price this morning continued its downward trend with spot gold down 10.2 USD to 1,891.4 USD/ounce. December gold futures last traded at $1,928.3 per ounce, down $6.9 from the previous morning. Gold trades near a six-month low after the minutes of the central bank's July monetary policy meeting were released. The minutes showed that the US Federal...
According to CoinDesk, as of 7:40 am on August 17, the Bitcoin price reached $28,687.8/BTC, down 1.69% from 24 hours ago. Bitcoin price fluctuated between above $29,200 and below $28,700 during the day. Prices of bitcoin and many other assets fell after the Fed released the minutes of its July meeting and warned of further tightening amid lingering inflation....
Binance Stops Cryptocurrency Payment Service According to CoinDesk, cryptocurrency exchange Binance will shut down its payment service Binance Connect (formerly Bffinity) just a year after its launch. This service will be disabled on August 16 as Binance wants to focus on its main products and long-term goals. “We periodically review our products and services to...
Looking at the evolution of the euro exchange rate in the global market, the EUR/USD index is currently at 1.0904, flat compared to the previous session. The euro is flat today. Economists continue to expect the European Central Bank (ECB) to keep rates unchanged at the end of next month, ignoring recent signs that inflationary pressures are...
World gold price this morning continued to decline slightly with spot gold down 5.2 USD to 1,901.6 USD/ounce. December gold futures last traded at $1,933.4 per ounce, down $10.6 from the previous morning. Gold prices are trading at a five-month low, under selling pressure even as the New York Federal Reserve reported a sharp drop in activity in the region's...
The Euro exchange rate movement on the world market shows that the EUR/USD index is currently at 1.0902, down 0.0002 points, equivalent to 0.0183% compared to the previous session. The Euro today fell slightly. Germany, Europe's largest economy, is being hit hard by a toxic combination of weak trade with China, a slump in the manufacturing and construction...
The price of Bitcoin has been moving sideways for a long time as the coin has gotten used to the lows below $30,000. However, despite the slow price action, MicroStrategy still plans to buy large amounts of Bitcoin. The company announced the purchase of an additional 467 Bitcoins, bringing its total assets under management to 152,800 Bitcoins. These coins were...
World gold price today Global gold prices fell slightly this morning, with spot gold falling $7.6 to $1,906.8 an ounce. December gold futures traded at $1,944 an ounce, down $2.6 from the previous day. Gold futures prices in December hit a five-month low early in the week, pressured by a stronger dollar. Earlier today, the US Dollar Index, which measures US...
World gold price this morning tended to increase with spot gold increasing by 1.3 USD compared to last week's closing level to 1,914.4 USD/ounce. Last week, gold saw its second biggest weekly loss in a row as it fell about 1% for the week after US consumer price index (CPI) and producer price index (PPI) reports showed inflationary pressures. broadcast is still...
World gold price this morning tended to increase with spot gold increasing by 1.3 USD compared to last week's closing level to 1,914.4 USD/ounce. Last week, gold saw its second biggest weekly loss in a row as it fell about 1% for the week after US consumer price index (CPI) and producer price index (PPI) reports showed inflationary pressures. broadcast is still...
The capitalization of bitcoin today dropped to $569 billion, representing 48.7% of the cryptocurrency market. The total market capitalization recorded at the moment is $ 1,169 billion, down $ 5 billion compared to 24 hours ago. At the same time, the 24-hour trading volume on the market increased by 17.67% compared to August 13, reaching 19.68 billion USD. Former...
World gold price was stable with spot gold down 1 USD to 1,912.2 USD/ounce. December gold futures last traded at $1,948.9 an ounce, down $1.70 from the previous morning. New reports on the release have shown that US development continues to "cool down" and the job market also shows signs of weakness. Specifically, the consumer price index (CPI) of the US in July...