Category: yearlow
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Consumer confidence slumps to year-low as households brace for ‘dark days ahead’
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Consumer confidence in the United Kingdom has decreased sharply to its lowest point in more than a year, according to the latest GFK data, indicating that families are pessimistic about both personal financial resources and the broader economic expectations. January numbers show the total consumer confidence index in GFK a…
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Dollar wallows near year-low as traders seek clues on Fed cuts By Reuters
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By Brigid Riley (Reuters) – The dollar held near its lowest in more than a year against a basket of currencies on Wednesday, while sterling traded near multi-year highs, as markets focused on signs of the size of a widely expected U.S. interest rate cut next month. Cryptocurrency Bitcoin grabbed…