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In a recent statement during Frankfurt's Euro Finance Week, the European Central Bank's (ECB) Vice President Luis de Guindos highlighted ongoing economic challenges in the euro-zone, including...
Euro-area inflation is projected to fall below the European Central Bank's (ECB) target sooner than expected, with average rates anticipated to be at 1.9% in the first quarter of 2025. This prediction...
By Karen Brettell NEW YORK (Reuters) - The dollar dipped against the euro on Friday but gained against the yen as investors evaluated comments by Federal Reserve Chair Jerome Powell that the central...
By Karen Brettell NEW YORK (Reuters) - The dollar gained on Thursday and hit a one-week high against the Japanese yen after Federal Reserve Chair Jerome Powell said that Fed policymakers are "are not...
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...
The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ Financial Group (NYSE:MUFG) hope to launch...
By Karen Brettell NEW YORK (Reuters) - The dollar was steady against the euro on Wednesday and gained against the yen as it consolidated after a sharp selloff last week on rising confidence that the...
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...
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