Tag: USD

Israel Retaliates: Stock Markets Decline

Israel has decided to retaliate by attacking a military site in Iran. Today, European stock markets are seeing dynamic losses. The WIG20 index is...

Polish Prosecutors Crack Massive Spoofing Ring: Millions Laundered Worldwide

The Lesser Poland Branch of the National Public Prosecutor's Office Department for Organized Crime and Corruption in Krakow is overseeing the investigation against Tomasz...

Aluminum Soars Past $2,500 as US and UK Sanctions Squeeze Russia

The price of aluminum has surpassed USD 2,500 per ton, linked to new sanctions imposed on Russia by the USA and the UK. Over...

Gold Surges to Record High as Geopolitical Tensions Rise and Safe-Haven Demand Soars

Following the recent sharp rise in tensions in the Middle East, the price of gold has soared to a record $2400 per ounce. Since...

Global Reverse Mortgage Market Forecasted to Double to $50 Billion Annually by 2033, Says EY and EPPARG Report

From the latest report published by the advisory firm Ernst & Young (EY) and the European Pensions and Property Asset Group (EPPARG), it is...

Gold Prices Hit New Records: Potential Short-Term Correction and Future Drivers

The topic of rising gold prices has definitely dominated recent days. Around midnight, new records were tested, this time at the level of around...

Good Friday Market Wrap-Up: Lower Currency Volatility, US Spending Report on Tap

Today is Good Friday and stock exchanges in many parts of the world are closed. Volatility in the currency market should decrease hour by...

AI Revolutionizes App Development: 70% Built with No-Code by 2025

By 2025, 70 percent of new applications created by businesses will be developed using low-code or no-code methodologies, according to Gartner data. The trending...

Central Bank Decisions Shake Up Currencies: Dollar Shines, Zloty Holds Steady

Last week was rich in central bank decisions, not all of which were in line with expectations. Among the major currencies, the dollar shined...

Chocoflation: Chocolate Prices Set to Rise as Cocoa Shortage Continues

For the third consecutive year, cocoa production is less significant than demand - why is it not growing and how will it (and in...

Central Bank Rollercoaster: Rate Hikes, Cuts, and Surprises Shake Up Currencies

The past week brought several surprises from central banks. The biggest surprise was served by the SNB, cutting rates now, which the market didn't...

Strong Wage Growth Signals Consumer Recovery and Inflationary Pressures

Consumer inflation in Poland decelerated in February to 5.4% YoY (the lowest since December 2021). Although the overall CPI inflation rate is noticeably decreasing...

Nomagic secures 8 million euros from EIB for the development of AI-based robotic warehouse solutions

Nomagic, a company that develops and implements robotic solutions for picking orders in warehouses based on artificial intelligence, has secured 8 million euros in...

Yesterday’s Bank of Japan decision versus market expectations ahead of today’s Fed conference

Yesterday's interest rate hike by the Bank of Japan has drawn the market's attention, but today the focus has shifted to the USA, indicating...
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