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EURUSD is nearing an important resistance point as the dollar shows some weakness.

There hasn’t been a clear reason for the sudden decline of the US dollar, but this situation could present a significant chance for dollar bulls. It’s worth noting that the short dollar positions are somewhat crowded, and it’s reasonable to anticipate an increase in Treasury yields in the upcoming weeks. We’re starting to have our […]

Media figures suggest Pope Leo XIV as a ‘balance’ to Trump

Pope Leo XIV has recently been appointed, and reactions are stirring, especially in contrast to President Donald Trump. Some media outlets, particularly those leaning liberal, are curious about whether the new pope will oppose Trump’s policies. There’s a sentiment that having an American pope is perhaps more relevant now, given the current circumstances in the […]

Trump meets with Syrian president and removes all sanctions in significant policy change.

Trump Meets Syrian President in Riyadh On Wednesday, President Donald Trump met with Syrian interim president Ahmad Alshara in Riyadh. This meeting marks a notable shift in the U.S. approach towards Syria, especially regarding the sanctions currently imposed on the country. The last interaction between U.S. and Syrian leadership took place back in 2000 with […]

Regulator starts inquiry into Aviva’s £3.7bn acquisition of Direct Line

The Contest Watchdog has begun looking into a significant acquisition involving rival insurance firms amounting to billions. The £3.7 billion deal, reached last year, aims to merge the insurance operations of the two companies, creating one of the largest auto insurers in the UK. On Wednesday, the Competitive Markets Bureau initiated a Phase 1 investigation […]

Nagel: The June interest rate decision will be based on new data.

ECB Rate Decisions Dependent on Incoming Data The European Central Bank (ECB) officials, along with Bundesbank President Joachim Nagel, indicated on Wednesday that the rate decisions in June will hinge on the latest economic data. Nagel remarked that he remains uncertain about how inflation and tariffs affect the economy, mentioning that forecasts from new staff […]