Pound shows a mixed trend against the greenback ahead of the preliminary reading of the first-quarter (Q1) 2021 UK GDP numbers, up for publishing at 06:00 GMT. Forecasts suggest that the UK GDP will rise to 1.4% MoM in March versus 0.4% previous readouts while the Index of Services (3M/3M) for the same period is [...]
Aussie seems to trading low against dollar, ahead of Australian budget release. It seems that the Aussie ignores the China inflation data. China CPI recovered but stayed below forecasts, PPI remains strong. China’s Consumer Price Index (CPI) has eased below -0.2% forecast to -0.3% MoM but stayed above -0.5% prior. The yearly CPI was with [...]
Dogecoin, a digital currency created as a joke and now it has been the world’s 5th ranking cryptocurrency. In recent day it’s price is up by more than 1,600 percent so far this year. Everyone has been talking about What is doge Coin?. In this article we are going to know about the new Crypto [...]
Federal Reserve Bank of Minneapolis President's comments on the US employment report weigh on the greenback. Federal Reserve Bank of Minneapolis President Neel Kashkari said that The U.S. labor market remains in a “deep hole” and it needs aggressive support to speed its healing from the Covid-19 pandemic. Kashkari said “We are still somewhere between [...]
