The US dollar took a downturn, sliding into negative territory as investors braced for the release of critical inflation data that could shape the Federal Reserve’s next monetary policy moves. Market sentiment shifted cautiously, with traders pulling back from bullish positions amid uncertainty about the inflation trajectory and its potential impact on interest rates. The
The French services sector has taken a considerable hit, with the Purchasing Managers’ Index (PMI) for services recording a more substantial drop in January. This worsening performance highlights the ongoing struggles faced by one of Europe’s largest economies. Businesses have been grappling with various challenges, including reduced demand, rising costs, and slower-than-expected recovery in consumer
The US economy expanded at a slower pace than expected in the fourth quarter, raising concerns about future growth prospects. Despite steady consumer spending and business investments, the latest data revealed that gross domestic product (GDP) growth did not meet analysts’ forecasts. This slowdown suggests that economic momentum may be weakening as inflation, interest rates,