[ad_1] Robinhood logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on January 29, 2023. (Photo by Jakub Porzycki/NurPhoto…
Tag: EUR/USD
European Central Bank hikes rates to record level, hints at possible peak
[ad_1] Oil market reports suggesting tighter supply and higher prices through the rest of the year and beyond have fueled inflation fears. Headline consumer price inflation in the bloc was…
Sweden’s krona hits new record low as central bank hikes and plays down currency intervention
[ad_1] The Swedish currency dropped to 0.0844 krona to the euro by early afternoon Thursday. The policy rate now sits at 3.75% and the figure is in line with forecasts…
‘A financial banana republic’: UBS-Credit Suisse deal puts Switzerland’s reputation on the line
[ad_1] UBS agreed on Sunday to buy its embattled domestic rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) as part of a government-backed, cut-price deal. Swiss authorities and…
Draghi’s political downfall: How power imploded in Italy and what happens next
[ad_1] Once a managing director at Goldman Sachs International, Draghi became Italian prime minister in February 2021 to lead a technocratic government. Draghi delivered on several fronts, including putting together…