Tag: USD

Decline in Demand and Prices of Energy Coal Impact the Results of the Bumech Group

The Bumech Group, listed on the main market of the Warsaw Stock Exchange and engaged in the extraction of hard coal in the Silesia...

Amazon increases starting pay by 13.5% and launches recruitment of 10,000 seasonal workers for the holiday season

Amazon has announced plans to hire more than 10,000 seasonal workers in its e-commerce logistics centers in Poland for the upcoming holiday peak...

Strong appreciation of yen following Shigeru Ishiba’s election as LDP leader

On Friday, the yen underwent dynamic appreciation. USD/JPY rates fell from the level of 146.50 to 142.00 and are currently below that lower limit....

Inflation in France surprises, but investors’ attention focused on USA

Today's inflation reading from France has unnerved the market. However, a change in sentiment couldn't be achieved. Data from the USA continues to glow...

Strong US Data Struggles to Lift Dollar

Yesterday's data from the United States proved to be a severe test of patience for investors hoping for a weakening dollar. Initial readings were...

Gold Hits New Records: Price Nears 2700 USD per Ounce

Gold stealthily sets new records, and investors are rubbing their hands! The price of gold, surpassing another threshold, is approaching 2700 USD per ounce,...

Swiss Central Bank Continues Easing, China Boosts Market Liquidity

The Swiss central bank is continuing its monetary easing, while Chinese authorities have announced another surge of "liquidity" in local markets. The EUR/USD is...

Global financial landscape shifts as Fed cuts rates, China stimulates economy, and emerging markets shine

The global financial landscape is changing once again. The Federal Reserve has begun cutting interest rates, while China is implementing new incentives to stimulate...

60% Probability of Fed Cutting Rates by 50 Basis Points in November

Fed considers a 50 basis points cut in November with 60% probability. Hungarian central bank returns to monetary easing, a 25 basis points move...

New Whistleblower Protection Law Takes Effect on September 25, Requiring Companies to Implement Reporting Procedures and Ensure Employee Safeguards

From September 25, regulations of the law on whistleblower protection, signed in June by the president, come into effect. Initially, companies employing at least...

ZÅ‚oty Among Strongest CEE Currencies in 2024: Further Gains Expected Against Euro and Dollar

Since the start of the year, the ZÅ‚oty has fared better than other CEE currencies and most emerging market currencies. Since January, it has...

Viking Global Investors invests 50 million USD in Humaneva Inc.

On September 24th, the Board of NEUCA S.A. signed a significant investment agreement with Viking Global Investors, a global Investment firm based in the...

Euro weakened after weak PMI data from Europe. Speculation grows about rate cuts by ECB

Yesterday morning's reports from Old Continent weakened the euro. It all started with weak PMI figures for France, followed by a hefty disappointment from...

Cryptocurrency Markets Surge as U.S. Fed Cuts Rates and Trump Makes Historic Bitcoin Transaction

Cryptocurrency markets rose by 10 percent last week as the U.S. Federal Reserve cut interest rates by 50 basis points. This was the first...
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