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EUR/USD remains stable near lows amid prevailing risk aversion.

EUR/USD remains stable near lows amid prevailing risk aversion.

The EUR/USD currency pair was mostly stable on Wednesday, hovering around the 1.1480 mark and staying below the 1.1500 level. The demand for the safe-haven dollar remains strong as global stock markets decline, while mixed economic data from the eurozone has further complicated investor sentiment. Recent reports, particularly the HCOB Services Purchasing Managers’ Index (PMI) […]

Putin is prevailing in World War Three

Putin is prevailing in World War Three

In a surprising turn of events, Russian President Vladimir Putin seems to be gaining an upper hand. It’s not about the battlefield in Ukraine, but rather about the broader geopolitical landscape reminiscent of World War I. In Ukraine, his beleaguered army remains mired in a stalemate, three and a half years into his so-called special […]