Key Takeaways: 🔒 AEPD requires Worldcoin to delete all iris scanning data collected 🏢 Worldcoin rebranded to World and has its European headquarters in Erlangen, Bavaria 🌐 Worldcoin aims to establish a global identity system through iris scanning in exchange for cryptocurrency and digital ID 💻 Worldcoin must delete all iris scan data 🛡️ Concerns … Read more
Key Takeaways: 📉 The dollar pulled back from a two-year peak following the Fed’s signal of slow rate cuts in 2025 💵 U.S. third-quarter GDP growth was stronger than expected at 3.3% 📉 Currencies initially tumbled but rebounded after Fed decision on rates 🏦 Central bank policy meetings influenced currency movements 🇯🇵 Bank of Japan … Read more
Key Takeaways 💶 Swedish krona strengthened as Riksbank cut interest rates 🤔 Riksbank adopts cautious stance towards future policy easing 📉 EUR/SEK decreased post-announcement 🏦 Economists criticize the Central Bank for being cautious, but Thedéen emphasizes acceleration of rate cuts 💹 Inflation forecast raised for both 2024 and 2025, with GDP growth forecasts adjusted 📈 … Read more
Key Takeaways: 💵 Dollar slipped after Fed signals slower rate cuts in 2025 📉 Yen fell as BOJ kept rates steady, did not hint at tightening 🌍 Currencies rebounded after initial tumble post-Fed decision 📊 Euro recovered losses, increased volatility due to low holiday trading volumes 🏴 Pound fell as BoE kept interest rates at … Read more
Key Takeaways 💵 Dollar slips slightly but remains near two-year highs after Fed signals slower rate cuts in 2025 🇬🇧 Sterling gains ahead of Bank of England meeting 📉 Euro bounces back after previous drop, ECB likely to cut rates further 🇯🇵 USD/JPY jumps over 155 for the first time since late November as Bank … Read more
Key Takeaways: 💵 Dollar rallied close to a two-year peak after the Federal Reserve hinted at a slower pace of rate cuts in 2025 🇯🇵 Yen weakened after the Bank of Japan (BOJ) maintained interest rates and gave limited insight into its monetary outlook 📈 Traders adjusted easing expectations for next year after the Fed’s … Read more
Key Takeaways: 💱 Most Asian currencies weakened, especially due to a stronger dollar 📉 New Zealand dollar traded at a more-than two-year low after entering recession 🇯🇵 Japanese yen weakened after BOJ decision to keep rates steady 🗓️ BOJ flagged a cautious outlook for 2025, disappointing some investors 📈 Dollar index and futures rose to … Read more
Key Takeaways: 💲 U.S. dollar hits a two-year high against peers after Fed rate cut 📉 Euro drops to a three-week low at $1.03695 🗣 Fed Chair Powell emphasizes caution in monitoring inflation progress 📈 Dollar index reaches highest level since November 2022 at 108.260 💱 Other currencies affected, with the Australian dollar sliding to … Read more
Key Takeaways: 💵 The U.S. dollar rose after the Fed cut interest rates but signaled a slowdown in further cuts 📈 Benchmark U.S. 10-year note yields increased to a four-week high 🔒 Market expectations indicate fewer future rate cuts next year 💲 The dollar strengthened against the Swiss franc and euro 📊 The U.S. dollar … Read more
Key Takeaways 📈 The Federal Reserve is set to announce its final rate decision of 2024 💼 The decision may provide insight into the Fed’s economic outlook for the coming year 🌎 Market watchers will be paying close attention to any changes in interest rates or guidance from the Fed 💵 The U.S. dollar is … Read more