GBP/USD forecast: sterling outlook after the BoE, Fed decisions?
The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam.…
Why is Trump threatening additional tariffs on Europe, and is he serious?
Donald Trump, the president-elect of the United States, has issued another warning to the European Union, threatening tariffs if its…
Brazilian Real rebounds past 6.1 per USD amid Central Bank interventions
The Brazilian real showed signs of recovery on Friday, rising over 6.1 per US dollar after falling to a record…
Worldcoin must delete all iris scan data, watchdog says
MADRID (Reuters) – Sam Altman’s company Worldcoin must delete all iris scanning data collected since the start of the project…
Asia FX fragile with dollar upbeat ahead of PCE data; yen hits 5-mth low
Investing.com– Most Asian currencies weakened on Friday with the Japanese yen recovering marginally from a five-month low as strong inflation…
UK retail sales edge up by 0.2% in November
LONDON (Reuters) -British retail sales rose by a weaker-than-expected 0.2% in November, according to figures from the Office for National…
Dollar set for weekly gains ahead of key inflation release
Investing.com – The US dollar slipped slightly Friday, pausing for breath after strong gains this week as traders await the…
Danish krone weakens following Novo Nordisk’s clinical trial setback
Investing.com — The Danish krone experienced a dip following disappointing clinical trial results from Denmark’s pharmaceutical giant, Novo Nordisk (NYSE:NVO)…
Fed’s Daly says this week’s rate cut was ‘close call’
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said the decision by the U.S. central bank…
US consumer spending rises in November; monthly inflation subsides
WASHINGTON (Reuters) – U.S. consumer spending increased in November, underscoring the economy’s enduring strength, which prompted the Federal Reserve this…