Mexican Peso No Longer ‘Super’. Forecast as of 06.08.2024
The Mexican peso has demonstrated consistent strength since the spring of 2020, reaching an eight-year high against the US dollar in April. However, the market dynamics shifted significantly by the…
US to invest $2.2 billion to overhaul national power grid
(Reuters) -The Biden administration said on Tuesday it is investing $2.2 billion to revamp the nation’s power grid to protect it against growing threats of extreme weather events. The U.S.…
Expanded Trans Mountain pipeline capacity fails to lift Canadian heavy oil price
By Nia Williams (Reuters) – The Trans Mountain oil pipeline expansion (TMX) was meant to shrink the discount on Canadian oil versus U.S. crude but three months in the differential…
US to invest $2.2 billion in the nation’s power grid
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Dollar rebounds after hefty losses; euro, sterling slip
Investing.com – The U.S. dollar rose Tuesday, reversing some of the recent losses as a degree of calm returned to the foreign exchange markets. At 06:20 ET (10:20 GMT), the…
Oil prices steady, supported by Middle East supply fears
By Ahmad Ghaddar and Arunima Kumar LONDON (Reuters) -Oil prices pared gains in volatile trade on Tuesday as fears of an escalation in the Middle East conflict and a drop…
UK Fintech Investment Soars to $7.3 Billion in H1: EMEA Investment Falls
Total fintech investment in the UK reached $7.3 billion in the first half of 2024. This is a significant increase from $2.5 billion in the same period of 2023. The…
oneZero Heading to FMPS, Eyes Greater APAC Focus
The Finance Magnates Pacific Summit (FMPS) is taking place later this month on August 27-29 in Sydney Australia. Ahead of the event, Finance Magnates spoke with some of the summit’s…
Oil prices pare gains spurred by Middle East supply fears
By Ahmad Ghaddar LONDON (Reuters) -Oil prices pared gains in volatile trade on Tuesday as fears of an escalation in the Middle East conflict and a drop in production at…
Japanese yen weakens for first day this month
By Alun John and Ankur Banerjee SINGAPORE/LONDON (Reuters) -The Japanese yen steadied on Tuesday and the Swiss franc was also softer as some of the most striking moves of recent…
