US Durable Goods Orders , German Consumer Morale Weakens
Markets have had plenty to chew on from a US data perspective over the last 24 hours, including housing data and durable goods orders.
In August, the US labor market displayed mixed signals, with employers adding 187,000 jobs, slightly outperforming the consensus estimate of 170,000. Still, data for July was revised downward to 157,000 from the initially reported 187,000. However, unique circumstances, such as a strike in the entertainment industry and trucking company Yellow's bankruptcy, impacted the job figures. Excluding these factors, payrolls were on pace for an approximate increase of 241,000.
Read moreMarkets have had plenty to chew on from a US data perspective over the last 24 hours, including housing data and durable goods orders.
The Dollar Index is off to a strong start this week, reaching its highest level since November 2022, as traders flock towards safe-haven assets amidst unease about the global economy.
The Dollar Index is on pace for its 10th consecutive weekly gain as markets react to disappointing data out of the Eurozone and the UK and the BOJ's dovish hold in the overnight session.
The US Dollar is higher today and has touched its highest level since early March.
The Greenback is slightly lower today ahead of this afternoon's interest rate decision for the Fed.
Global cross-border payments business delivers another year of strong growth. Further demonstration of Moneycorp’s track record as investment in the platform delivers returns.
The seamless API integration will provide operational excellence to DAX providers by automating liquidity management flows
Moneycorp posts strong growth at home and abroad
Moneycorp Americas, a world-leading payments services provider for banks, businesses, and consumers, is today announced as an FX liquidity provider for Digital Asset Exchanges (DAXs) around the world.
Moneycorp announces Koen Vanpraet will oversee Moneycorp’s continued growth in the EMEA region and play a key role in driving the business forward.
Global cross-border payments business delivers another year of strong growth. Further demonstration of Moneycorp’s track record as investment in the platform delivers returns.
Moneycorp posts strong growth at home and abroad