Dollar slips lower after Fed rate cut; euro set for weekly gains
Dollar slips lower after Fed rate cut; euro set for weekly gains
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Australian Dollar Strengthens Following Inflation Data
According to Forex Factory, Australia’s CPI index came in higher than expected: analysts had forecast an annual rate of 2.9%, while the actual figure was 3.0% (previous value: 2.8%). This led to a strengthening of the Australian dollar, as the Reserve Bank of Australia (RBA) may adopt a more cautious stance in its monetary policy…
AUD/USD Forecast: Aussie Gains Ground Ahead of Cautious RBA Policy Signals – Forex Crunch
The AUD/USD forecast shows a slight boost, but is capped by a stronger greenback. The AUD halted its three-day losing streak as the Austrian CPI data came in stronger than expected, lifting the AUD. Traders look ahead to the RBA rate decision and the US ISM manufacturing PMI data for fresh impetus. The AUD/USD forecast…
Fiinu Reports Wider H1 Loss, Pushes Ahead with Plugin Overdraft Rollout and Everfex Acquisition
Fiinu PLC reported a widened half-year loss as it presses ahead with the rollout of its Plugin Overdraft and completed the acquisition of Everfex P.S.A. For the six months to 30 June 2025, the fintech group posted a pre-tax loss of £980,338, compared with £238,173 a year earlier. The company said costs rose due to…
Steel bosses warn ‘back door’ loophole in UK trade rules could lead to job cuts and closures
Steel bosses have warned ministers that a “back door” in new trade rules could hit British manufacturers and lead to job cuts and factory closures by allowing a vast array of foreign products to still enter the UK tax-free. The loophole means pre-made steel parts ranging from bridge sections, columns and door frames, all the…
UK growth since 2010 has been lacklustre and largely driven by immigration, says report
Rishi Sunak’s pre-election claim that the UK economy is now “going gangbusters” is undermined today by a report which argues that growth since 2010 has been “unspectacular” and has been the result of a rising population, caused principally by high levels of immigration. The study, Life in the Slow Lane, from the politically independent Resolution…
Markets are trying to find the direction after the FED’s week
Analysis provided by Exness The FED’s week has not given any substantial changes to the markets: Bitcoin had tried to take off from the 200-day moving average but failed to cross the area of $87,000, Gold had bounced off the $3050 area, and currency markets have been wobbling in narrow coils without any meaningful development….
