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FXStreet

CNY: Gradual gains versus Dollar – Commerzbank

Commerzbank analyst Volkmar Baur forecasts a gradual appreciation of the Chinese yuan (CNY) against the US dollar (USD) over the next two years, citing China's economic reforms and potential monetary policy adjustments....

Argaam

‎MEPCO expects rebound in domestic demand, current situation 'temporary': CEO

Middle East Paper Co. (MEPCO) reported a 37% year-on-year decline in sales revenue for H1 2023, driven by a slowdown in global cardboard demand and economic conditions. CEO Sami Safran attributed the drop to reduced inte...

Forexlive

Why are non-farm payrolls being released on Good Friday? Here's what's open and what isn't

The March non-farm payrolls report will be released on April 3, 2025, coinciding with Good Friday — a day when U.S. stock markets are closed but the U.S. Bureau of Labor Statistics (BLS) remains operational. This rare ca...

Argaam

‎SPIMACO CFO: Private sector sales lift Q4 profit

Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) reported a 25% year-on-year growth in private-sector sales during Q4 2025, contributing SAR 239.5 million in revenue compared to SAR 51.9 million fro...

CNBC

Federal commission sues 3 states over prediction market regulation

The Commodity Futures Trading Commission (CFTC) has filed lawsuits against Arizona, Connecticut, and Illinois, challenging their authority to regulate prediction markets. The CFTC argues that these markets, which allow b...

FXStreet

USD/THB: Energy-led risk off favours Dollar – MUFG

MUFG's Senior Currency Analyst Lloyd Chan has identified the Thai Baht (THB) as one of the most vulnerable Asian currencies amid sustained high energy prices. The analysis highlights that energy-driven risk-off sentiment...

FXStreet

EUR/USD slips as Trump comments on Iran dampen de-escalation hopes, boost USD

The EUR/USD pair fell on Thursday as U.S. President Donald Trump's comments on Iran tensions reduced hopes for de-escalation, strengthening the U.S. Dollar. Trump's remarks suggested a hardline stance toward Iran, raisin...

Argaam

‎Raydan expects to open 5 new branches by 2024

Raydan Food Co. reported plans to open five new company-owned restaurants between Q3 2023 and Q4 2024, expanding its current portfolio of 18 locations. The company highlighted that four new branches opened this year and...

FXStreet

Australian Dollar Price Forecast: It’s all about geopolitics

The Australian Dollar (AUD) has been fluctuating in response to shifting global risk appetite, driven by escalating geopolitical tensions in the Middle East. Analysts note that the AUD's performance is closely tied to in...

Argaam

‎Lucid sees Saudi sales outpacing rivals, eyes further growth

Lucid Motors has solidified its dominance in Saudi Arabia's electric vehicle (EV) market in 2025, with sales significantly outpacing competitors. Interim CEO Mark Winterhoff and President Faisal Sultan highlighted that L...

CoinTelegraph

SoFi expands into institutional finance with integrated crypto services

SoFi has launched a new institutional platform allowing companies to hold, transfer, and settle transactions in both fiat currencies and cryptocurrencies within a single regulated framework. The service targets instituti...

FXStreet

WTI rallies as Trump signals continued military action against Iran

West Texas Intermediate (WTI) crude oil surged over 8% on Thursday as heightened geopolitical tensions between the US and Iran, fueled by Trump's statements on continued military action, triggered a risk premium in energ...

FXStreet

TRY: Lira seen on steady depreciation despite CPI – Commerzbank

Commerzbank analyst Tatha Ghose argues that upcoming Turkish CPI data may lose relevance due to the growing influence of energy price surges. While anticipating a strong March inflation reading, he emphasizes that extern...

Investing.com

ECB’s Villeroy says it is too soon to say when rates could rise

The European Central Bank (ECB) Executive Board member Yves Mersch stated that it is too early to determine when interest rates could begin rising, emphasizing the central bank's cautious approach amid ongoing economic u...

Argaam

‎CMA nods to Seera’s 8.65% planned capital cut

The Saudi Capital Market Authority (CMA) has approved Seera Holding Group's plan to reduce its capital from SAR 3 billion to SAR 2.74 billion, a reduction of 8.65%. This will result in a decrease in the number of shares...

InvestingLive

The USDCHF based at a key support target and it led to bounce. What does that tell you?

The USDCHF pair found critical support between 0.7888 and 0.7903, halting its decline and triggering a bounce. This technical level became a focal point as traders managed risk amid uncertain fundamentals like geopolitic...

FXStreet

GBP/USD slides toward 1.3200 as Trump threats boost US Dollar

The GBP/USD pair fell to 1.32144, a 0.40% decline, as tensions escalated following US President Donald Trump's remarks suggesting prolonged conflict. The British Pound weakened against the US Dollar amid heightened geopo...

FXStreet

NBP: Policy repricing risks grow – BNY

BNY's EMEA Macro Strategist Geoff Yu has warned that the National Bank of Poland's (NBP) March rate cut underestimated inflation risks stemming from the ongoing regional conflict. The analysis highlights that geopolitica...

Argaam

‎SVCP gets CMA nod on capital hike via rights issue

The Capital Market Authority (CMA) has approved Saudi Vitrified Clay Pipes Co. (SVCP)’s request to increase its capital by SAR 80 million through a rights issue, raising total capital from SAR 150 million to SAR 230 mill...

FXStreet

INR: RBI seen steady on rates – Societe Generale

Societe Generale's Kunal Kundu forecasts that the Reserve Bank of India (RBI) will maintain its repo rate at 5.25% during its upcoming monetary policy review, adopting a neutral stance to prioritize economic stability am...