USD declares war on EUR
USD declares war on EUR
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USD declares war on EUR
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India’s small banks have been hit by a ransomware attack, forcing nearly 300 lenders offline, Reuters reported. The attack involved C-Edge Technologies, a key provider of banking technology. This unprecedented event has reportedly isolated these banks from the broader payment network, significantly impacting their ability to process transactions. A Widespread Impact The attack primarily affected…
DroneShield Ltd. (DRO:ASX; DRSHF:OTC) is rolling out a new airport counter‑drone framework as incursions continue disrupting major aviation hubs. The company is partnering with SRI Group to deliver independent threat assessments for airport operators worldwide. DroneShield Ltd. (DRO:ASX; DRSHF:OTC) has announced the publication of a new white paper titled Best Practices for Counter-Drone Deployment at…
In focus today In Germany, the February Ifo index is released. We expect an improvement as the PMI report last Friday was surprisingly strong on all parameters, particularly the manufacturing sector which recorded growth for the first time since ECB started hiking rates in 2022. Overnight in China, Loan Prime Rates are expected to remain…
by Calculated Risk on 4/10/2025 11:20:00 AM The Cleveland Fed released the median CPI and the trimmed-mean CPI. According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.3% in February. The 16% trimmed-mean Consumer Price Index increased 0.2%. “The median CPI and 16% trimmed-mean CPI are measures of core inflation…
2024.12.24 2024.12.24 Strong US Dollar Puts Pressure on Gold Quotes. Forecast as of 24.12.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US dollar has shown the strongest quarterly performance since 2022, and rising treasury yields have led to speculation about the performance of gold. The question remains whether it will regain investors’ favor and reach the $3,000 mark. Let’s…
Oil prices surged and the US Dollar jumped as safe haven demand continued to ratchet up. Brent crude jumping approximately 10% to $79.90 and US crude climbing over 8% to $72.64. Market participants simultaneously sought refuge in safe-haven assets, driving gold prices up 2.6% to $5,413 an ounce. A primary focus of concern remains the…