Tag: USD

XTB Aims Big in 2024: Virtual Wallet, Multi-Currency Card Signal Global Ambitions

Polish fintech XTB has announced its product plans for 2024. These are very ambitious and indicate that the Poles want to compete with global...

UPS publishes financial results for Q4 2023

Consolidated sales revenue of 24.9 billion USD, compared to 27.0 billion USD last year Operating margin on a consolidated basis and adjusted* operating...

Polish VC Market Downturn Continues in 2023: Investment Values Decline by 42%

PFR Ventures and Inovo VC have prepared a report summarizing the transactions in the Polish venture capital (VC) market in 2023. According to the...

EUR/USD weakens ahead of FOMC

Yesterday's macroeconomic calendar was slim. From the US, we received only the Dallas Fed's regional index for the manufacturing sector, which performed very weakly....

USD climbs on strong US data, euro weakness

The European Central Bank did not close any escape routes last week. The upcoming days will reveal whether the remaining major central banks -...

Clean Air program faces funding crisis, thousands of beneficiaries await reimbursement

Tens of thousands of beneficiaries who have incurred expenses for insulating their homes and replacing heat sources are now awaiting reimbursement from the Clean...

Netflix Poised for Further Expansion, Wall Street Optimism High

Netflix's Q4 2023 results convinced Wall Street that the company possesses a range of competitive advantages, making it incredibly hard for contenders to topple...

ECB Holds Rates Steady; Dollar Strengthens

The European Central Bank (ECB) did not surprise markets with its decision to keep interest rates at the same level. The refinancing rate is...

ECB: Rate Cut in Summer?

In recent days, ECB representatives have issued increasingly precise statements - to the point that they resemble forward guidance. Whether the bank will indeed...

Europe’s Gas Supply Situation: Despite Geopolitical Tensions, the Market Remains Stable

The multitude of recent geopolitical events around the world linked to the natural gas market should raise similar concerns as in 2022, when Europe...

US Dollar Strengthens, Trump Wins New Hampshire Primaries

Yesterday, the US dollar strengthened and sentiment in the stock markets remained relatively positive. Donald Trump won the New Hampshire primaries, thereby defeating former...

Elemental Group and Mitsubishi Corporation Announce Strategic Partnership in Platinum Group Metals Recycling

Elemental Holding SA and Mitsubishi Corporation have formed a strategic partnership on the recycling of platinum group metals (PGM), encompassing Elemental's global operations from...

The dollar isn’t so weak – again above 4 PLN

In recent days, the dollar dropped below 4 PLN, only to spring back above this level. Surprisingly, despite expectations of the dollar decreasing this...

Wall Street soars to new highs. Oil prices surge after attack on Novatek. BoJ sticks to monetary policy

Wall Street rebounded quite quickly from a difficult start to the year. Markets have become more optimistic about the US economy, betting on the...
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