The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam. It dropped to a low of 1.2497, much lower than the year-to-date high of 1.3430 after the latest Federal Reserve and Bank of England (BoE) interest rate decisions. Bank of…
Donald Trump, the president-elect of the United States, has issued another warning to the European Union, threatening tariffs if…
With the Trump administration promising another wave of tariffs on US imports, American toymakers are bracing for impact. Companies…
The Federal Reserve, in a widely anticipated move, lowered its key interest rate by a quarter percentage point on…
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic…
The USD/NOK exchange rate jumped to its highest level since March 2020 as crude oil prices dropped and as…
The South African rand has remained on edge as emerging market currencies slumped after the hawkish Federal Reserve interest…
The South Korean won plunged to its weakest level in 15 years on Thursday, reflecting heightened economic and political…
New Zealand’s economy contracted sharply in the third quarter of 2024, with GDP plummeting by 1.0% compared to the…