Euro Surges Against the Dollar

Showing posts with label world economy. Show all posts
Showing posts with label world economy. Show all posts

2023/08/07

Reuters: Dollar slides after slowing U.S. jobs growth in July

KEY POINTS:

  • Biggest single-day dollar slide in three weeks
  • Dollar's drop erases almost all the week's gains
  • Jobs growth slows but wage gains point to tight market
  • Focus now on consumer price index (CPI) next week

The dollar fell on Friday, paring almost all the week's gains, after slowing U.S. jobs growth in July encouraged hopes of a soft economic landing but higher wages suggested the Federal Reserve may need to keep interest rates higher for longer.

2023/08/06

Cointelegraph: Hong Kong debuts retail crypto trading with HashKey exchange

 Hong Kong debuts retail crypto trading with HashKey exchange

Aug 3, 202310:52 GMT+3

BTCUSDT−0.15%


Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.

2023/08/03

Reuters: Perth Mint's July gold, silver sales slump to lowest since 2020

Reuters
 
Perth Mint's July gold, silver sales slump to lowest since 2020
Aug 3, 202311:42 GMT+3
GOLD+0.15%XAGUSD1!−0.71%

 

Perth Mint's July gold product sales slumped to their lowest level since October 2020, while silver sales were at a more than three-year low, the refiner said on Thursday, citing a slowdown in demand as prices surged.