Euro area firms reported tighter borrowing conditions in the second quarter, even as inflation expectations remained broadly stable and cost pressures continued to ease, according to the ECB’s latest Survey on the Access to Finance of Enterprises (SAFE). A net 42% of firms reported higher bank loan interest rates, up sharply from 26% in the […]
The post ECB SAFE Survey: Loan Conditions Tighten While Inflation Expectations Hold Steady appeared first on ActionForex.
AUD/USD has broken to its highest level in four weeks, but the rally still lacks a convincing domestic foundation. The Australian Dollar has benefited from a favorable global backdrop as risk appetite improved across Asia, Read more…
GBP/USD fell to 1.3437 on Tuesday as investors assessed the appointment of Andy Burnham as the new Prime Minister of the UK and the outlook for monetary policy. Burnham succeeded Keir Starmer without a contest, Read more…
Silver continues to balance between its dual role as an industrial metal and so-called refuge asset, and this combination largely explains the lack of a clear trend in recent weeks. Shifting expectations for central bank Read more…