the FED raises its rates again by three-quarters of a point

the FED raises its rates again by three-quarters of a point

Published on : 27/07/2022 – 20:10Modified : 27/07/2022 – 20:21 – The FED, the American central bank, raised its interest rates for the fourth consecutive time in order to cool the economic machine, because inflation is breaking records in the United States and in the rest of the world. This new rise in rates is … Read more

euro-dollar parity hurts European tourists in New York

Published on : 18/07/2022 – 10:34 – Never seen for twenty years, the euro-dollar parity weighs on the budget of European tourists on vacation in the United States, like these French tourists in New York. With our correspondent in New York, Loubna Anaki In front of the Guggenheim Museum in Manhattan, French tourists are numerous … Read more

GBP/USD falls from its daily high, and struggles to find acceptance above 1.2300

GBP/USD falls from its daily high, and struggles to find acceptance above 1.2300

GBP/USD gained some positive traction on Friday amid modest dollar weakness. Bank of England expectations and Brexit woes acted as a headwind for the British pound. Aggressive bets on Fed rate hikes should help limit dollar losses and cap gains. The pair GBP/USD supported the previous day’s bounce near the weekly low around the 1.2170-1.2160 … Read more

The dollar is flooding Microsoft et al. Despite the good results, the shares are falling

The dollar is flooding Microsoft et al.  Despite the good results, the shares are falling

You can also listen to the article in audio version. – Even better-than-expected earnings in the United States earnings season are not enough to stop this year’s slump in software companies. And currently this sector is facing another unfavorable factor – a strong dollar. – The cloud company Salesforce recently announced positive results for the … Read more

Train bonus program: This makes it easier for you to get into the DM lounges

Train bonus program: This makes it easier for you to get into the DM lounges

It’s really something nice: Before the train journey, get out of the turmoil on the platform and into the quiet lounge of the train (available in the most important metropolitan train stations). Finally clean toilets, free soft drinks and coffee specialties. Everything only for extreme frequent drivers? No, Deutsche Bahn is reforming its BahnBonus bonus … Read more

German start-ups at the forefront when it comes to financing in Europe

German start-ups at the forefront when it comes to financing in Europe

According to a study, German start-ups have caught up in a European comparison and are among the leaders when it comes to large-scale financing. Half of the ten largest injections of money from investors in Europe in 2021 went to local growth companies, according to a survey by the auditing company EY. “This is a … Read more

The ruble is strengthening and is approaching the monthly maximum. Outside of Russia, however, it is worthless

The ruble is strengthening and is approaching the monthly maximum.  Outside of Russia, however, it is worthless

The Russian currency reached the level of 90 rubles per dollar yesterday. However, the exchange rate is worse on the interbank market. Negotiations between Ukraine and Russia will be crucial for the further development of the value of the Russian currency. The Russian ruble strengthened to RUB 90 per dollar during trading in Moscow yesterday, … Read more

The crown strengthens. The end of the anarchy and the strict policy of the CNB helped her

The crown strengthens.  The end of the anarchy and the strict policy of the CNB helped her

Not only the autumn intensification of the pandemic, but also problems with the supply of chips caused a significant weakening of the koruna a few weeks ago. But now she is shining for better times. In addition, it could receive another positive impulse from the CNB on Wednesday. The central bank is expected to tighten … Read more

Latin American markets close with losses | ECONOMY

Latin American markets close with losses |  ECONOMY

According to the criteria of -Know more- The detection of a new variant of the coronavirus that could be resistant to available vaccines was pushing investors to the safety of the yen and the Swiss franc on Friday, at the expense of the dollar, the British pound and emerging market currencies. Low trading volumes due … Read more

The pandemic is driving investors out of Central Europe. The crown is collapsing

The pandemic is driving investors out of Central Europe.  The crown is collapsing

“Reports of renewed economic closures in Austria and the continuing explosion of epidemic statistics in other Central European countries have frightened investors so much that they have given up the region and fled to safety,” explains Raiffeisenbank analyst Vít Hradil. “In general, all currencies in Central Europe are weakening, including the koruna. This caused the … Read more