Investors weigh Fed and BoE policy signals as the pound slides to 1.3277, its weakest level in over three weeks. The British pound declined to 1.3277 against the US dollar in European trading, marking its lowest level in over three weeks. Selling pressure intensified as th
TD Securities projects Australia’s Q2 core inflation at 3.7% annually, fueling speculation of further RBA tightening amid resilient labor data. TD Securities forecasts Australia’s core Consumer Price Index (CPI) to rise 0.9% quarter-on-quarter in Q2, matching consensus and
The Euro (EUR) is failing to draw any significant support from the truce in the Middle East and the lower Oil prices and keeps heading south against the US Dollar (USD) on Tuesday. EUR/USD bears are testing fresh one-month lows below 1.1360, drawing near the year-to-date l
XAU/USD falls 1.2% to $4,027 as traders brace for a potential Fed rate hike amid elevated inflation concerns. Gold prices retreated on Tuesday, with XAU/USD dropping 1.2% to $4,027 after failing to hold above $4,100 in the previous session. The decline comes as the US Doll
Analysts expect Polish Zloty and Hungarian Forint to strengthen, targeting EUR/PLN below 4.300 and EUR/HUF under 358 amid rate normalization. Central and Eastern European rate curves have repriced sharply, with markets now pricing 60 basis points of tightening in the Czech
Germany’s venture capital deal value rose 40% year-over-year, outpacing UK and France, driven by deep tech and defense investments. German startups secured €6 billion in venture capital funding in the first half of 2026, pacing for the strongest annual deal value since 202
New card allows Egyptian businesses to make USD-denominated payments globally via Mastercard’s network. Mastercard and the National Bank of Egypt (NBE) have introduced a USD-denominated corporate debit card for businesses. The product targets large corporates and SMEs, ena
RBA Governor Michele Bullock’s remarks on slowing economy and inflation risks weigh on the Australian Dollar. The Australian Dollar declined 0.35% to 0.6965 USD in European trading, extending losses after RBA Governor Michele Bullock highlighted a cooling economy and persi
Investors await Wednesday’s Federal Reserve and Bank of Japan decisions, keeping the yen steady and the dollar slightly higher. The USD/JPY pair traded at 163.90 on Tuesday, up 0.11% as markets awaited key monetary policy announcements. The Federal Reserve and Bank of Japa
Eat Happy and Hana Group combine 5,800+ locations across 12 countries with private equity funding. Eat Happy Group and Hana Group’s European operations have finalized their merger, creating Eat Happy Hana Group. The new entity is backed by a strategic investment from priva
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