BTC mining costs reach 10-month lows as miners use more efficient rigs
The cost of mining one Bitcoin (BTC) has fallen to ten-month lows as mining hardware
Fed’s Waller: 75 bps hike at this meeting gets us to neutral
"I think it is plausible that we have a growth recession where it goes below
Fed’s Waller: Markets may have gotten ahead of themselves on 100 bps hike in July
Federal Reserve Governor Christopher Waller argued on Thursday that markets may have gotten ahead of
Fed’s Bullard calls for a 75bp hike in July
Reuters reported that St. Louis Federal Reserve President James Bullard would prefer to lift interest
NZD/USD steady within a narrow range, awaiting NZ Business PMI/US Retail sales
NZD/USD continues extending its fall during the week, set to finish with losses for the
The balance of risks for the dollar remains tilted to the upside – ING
Global risk sentiment continues to be challenged. Economists at ING expect the US Dollar Index
USD/CNH now looks to a test of 6.8000 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang see USD/CNH advancing
US: Weekly Initial Jobless Claims rise to 244K vs. 235K expected
Initial Jobless Claims rose by 9,000 in the week ending July 9. The greenback continues
China’s GDP contracts 2.6% YoY in Q2 2022 vs. -1.5% expected, AUD/USD unfazed
China's annualized GDP figures for the second quarter of 2022 arrived at 0.4% vs. 1.0% expected and 4.8%
China’s NBS: Downward pressure on economy increased substantially in Q2
Following the release of the June activity numbers, China’s National Bureau of Statistics (NBS) released a statement,