Tag: USD

EUR/USD Outlook: Inflation and Jobs Data to Drive Movement Today

Today, the EUR/USD rate will be decided by the result of inflation from the eurozone and particularly by the monthly report on the condition...

2023 in Review: Gold Shines, AI Makes Breakthroughs, and Bitcoin Beats All

Last year was undoubtedly characterized by volatility. There were opportunities for significant gains as well as losses. Many predictions made at the beginning of...

XTB Investment Plans Now Offer Recurring Payments for Ease of Investing

XTB Investment Plans, which offer long-term, passive investing in ETF funds, have gained a new feature. Customers can now set up regular funding of each...

Wall Street Correction Gains Momentum as Fed Policy Shift Takes Center Stage

The correction on Wall Street is increasingly gaining momentum. Yesterday, the main Wall Street indices fell. Nasdaq Composite ended the day with a result...

US markets start new year with declines, focus on FOMC minutes and US labor market data

The first trading session of the new year brought a drop of 1.6% in the Nasdaq Composite Index. The broader SP500 shed nearly 0.6%....

Chinese Manufacturing Activity Rises, Business Confidence Remains Subdued

The private Caixin PMI indicator for the Chinese economy, released this morning, has risen to 50.8 points. This implies that factory activity in China...

A Year of Contrasts: 2023’s Financial Rollercoaster Ride

Through the prism of various events and changes in the global financial markets, the year 2023 was exceptional and full of surprises. It was...

ZÅ‚oty Strengthens Against the Dollar Despite Government Deficit Increase

Among the so-called extended group of the most crucial currencies globally, the Polish zloty ranks third, gaining about 11% against the dollar. D. Tusk's...

Economic Uncertainty Looms for 2024: ZÅ‚oty Expected to Weaken, Euro May Suffer

The passing year has primarily been a period of exceptionally high inflation. Governments, businesses, and consumers not only in Poland but across the globe...

Poland’s Economy Amidst Turbulence: Economic Growth to Slow in 2024

Economists predict a period of turbulence for our economy in the short term. The budgetary situation remains unclear, with a weakening and low economic...

10 Key Topics We Should Keep Our Eyes (and Ears) Open for in 2024

Backtrack - Allianz Trade expectations hold up: In the fourth quarter, the momentum of growth weakened, but remained resistant, disinflation continued, and interest...

Pound weakens as inflation data disappoints markets

This morning, the Pound weakened. This is the effect of the announcement of inflation data for November. Consumer prices fell more strongly than expected,...

Bitcoin’s Halving and ETF Decisions Could Shape 2024 Crypto Market

Inflation is weakening, interest rates are set to be lower, and so investors are looking for riskier assets. If we invest in Bitcoin through...

CEOs Struggle to Leverage Generative AI, but Many Companies Embrace its Benefits

The latest installment of the EY CEO Outlook Pulse Survey indicates that company CEOs are struggling to determine the most effective uses of artificial...
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