The euro is closing out August with genuine momentum, having climbed to $1.1697 against the dollar, its strongest level in three months, on the back of ECB hike bets that keep gaining traction. French and Spanish inflation both surprised to the upside, with Spain’s harmonised reading hitting 4.5%, its highest since 2023, reinforcing market expectations […]
The post EUR/GBP: Two Weeks of Compression Reach Their Breaking Point appeared first on ActionForex.
Eurozone inflation accelerated more than expected in August, but underlying pressures softened. Headline CPI rose from 2.9% to 3.3% y/y, above 3.2% consensus, while prices increased 0.4% m/m. By contrast, core CPI excluding energy, food, Read more…
Health insurance costs have been punishing self-employed workers and small business owners all year. Affordable Care Act (ACA) marketplace premiums have climbed sharply as federal subsidies expired, and millions of freelancers, gig workers, and sole Read more…
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