Stone_Haven

Stone_Haven Updated 

Consumer expectations for inflation in the Eurozone increased slightly in August, reinforcing the view that it is too early for the European Central Bank to declare victory in the fight against inflation. The monthly survey published by the ECB shows that consumer expectations for inflation in the next 12 months have risen from 3.4% to 3.5%, and expectations for...

Stone_Haven Updated 

According to experts from Leader Capital Markets, the current conflict is expected to be prolonged and severe. ANZ Bank experts believe that oil prices will continue to rise in the near future. Recent increases in oil prices are attributed to reduced supply as a result of OPEC+ production cuts. In the fourth quarter, the supply situation may be further disrupted...

Stone_Haven Updated 

The dollar traded virtually unchanged at the start of the European session Wednesday, consolidating ahead of the release of manufacturing inflation data and the Fed's latest policy meeting minutes. The USD has fallen quite a bit in recent sessions, despite growing political instability due to the conflict that broke out over the weekend between Hamas and Israel,...

Stone_Haven

Today, the USD/CHF currency pair looks to rest at monthly lows, settling around 0.8920 entering the European session on Friday, after recording an impressive recovery to convince traders sales yesterday. The Swiss franc (CHF) fell the most in a week as it broke through key technical support levels, convincing investors to favor extended lows. What raises hopes...