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The ongoing conflict between Israel and Hamas could lead to an unexpected surge in inflation, according to Alfred Kammer, the Director of the European Department at the International Monetary Fund...
The GBP/USD exchange rate experienced a slight rebound on Thursday despite global cautious trading and enduring market volatility. The rate appreciated by 0.4% to $1.2261 after initially dipping. This...
Nordea Bank Abp (OTC:NRDBY) has successfully completed the repurchase of its own shares, marking the conclusion of its EUR 1.0bn share buy-back program announced on April 26, 2023. The announcement...
Investing.com -- U.S. stocks took a breather Wednesday, a day after notching their longest longest winning streak in two years as investors continued to digest quarterly earnings and remarks from...
The Federal Reserve's strict monetary policy aimed at battling persistent inflation is projected to postpone rate cuts till 2025, thereby bolstering the dollar in 2024, according to a recent analysis...
The US dollar has marked its position as the strongest major currency for the third day in a row, with the Japanese Yen trailing as the weakest. Federal Reserve Chair Jerome Powell is set to address...
Pierre Wunsch, a member of the European Central Bank's (ECB) 26-member Governing Council and the Belgian central bank chief, has suggested that borrowing costs may have reached their peak, indicating...
The European Central Bank's (ECB) September survey indicated that median respondents' inflation expectations rose to 4%, a high not seen since spring. This increase, up from August's 3.5%, was spurred...
The US dollar has shown signs of stabilization following hawkish sentiments from Federal Reserve officials, including Jerome Powell, who suggested potential future rate hikes. This follows a period of...
On Tuesday, the Pakistani Rupee experienced depreciation against the US Dollar and the European Euro in both interbank trading and open market rates, as reported by the Foreign Exchange Association of...
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