Category: confidence
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Forexlive Americas FX news wrap 28 May: USD rebounds helped by rising yields &confidence
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US consumer confidence came in much better than expected in the US session. The index moved to 102.00 versus estimates of 95.9 details: The current situation index is 143.1 compared to 142.9 previously Expectations Index 74.6 compared to the previous 66.4 Hard-to-find jobs 13.5 vs. 15.5 previously 16.9% of consumers…
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US consumer confidence and housing in focus today
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The US is back from vacation today, and this should put the forex market at full capacity after a period of low trading volumes. This means we could see some bigger flow-driven moves today, especially as we approach the end of the month. Volatility can also rise if there is…
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Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows
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Exchange-traded funds (ETFs) have become the talk of the town – and rightly so – after the US Securities and Exchange Commission (SEC) approved the listing of investment products during the week. Meanwhile, the spot Bitcoin ETF market continued its recovery on the one hand, which was marked by the…
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Bitcoin Spot ETF Records Consecutive Weeks Of Inflows As Investor Confidence Grows
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Exchange-traded funds (ETFs) have become the talk of the town – and rightly so – after the US Securities and Exchange Commission (SEC) approved the listing of investment products during the week. Meanwhile, the spot Bitcoin ETF market continued its recovery on the one hand, which was marked by the…
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Price Explodes Past $67,000 As Investor Confidence Returns
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The cryptocurrency market has been rocked by turmoil over the past year, but Bitcoin is now seeing a notable comeback, surpassing the $67,000 mark for the first time since late 2023. This unexpected rise has excited the Bitcoin community, sparking widespread optimism and a sense of renewed hope among investors.…
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ECB’s Lane says Confidence on getting inflation lower is improving
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The European Central Bank’s chief economist, Philip Lane, spoke in an interview with the Spanish newspaper El Confidencial: Essentially, what we said in April was that if our level of confidence improved in inflation generally returning to our target, it would be appropriate to lower the current level of interest…
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Fed’s Goolsbee: Jobs reports like this will give us confidence the economy not overheating
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The more jobs reports you get this way, the more confident we are that the economy isn’t overheating A bump in inflation hit at the beginning of the year The more we see jobs reports that look like pre-Covid, the more confidence there will be that the economy is not…