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Keywords: Price impact


European central banks hold rates as Iran war fuels inflation fears

Major European central banks kept interest rates unchanged on Thursday as rising energy prices linked to the conflict with Iran raised concerns about renewed inflation across the region. The European Central Bank held its deposit rate at 2 percent for the sixth consecutive meeting, while the Bank of......

Dollar index rises above 100 as Iran conflict fuels safe haven demand

The US dollar index climbed above the 100 mark on Wednesday, gaining about 5 percent from its late January low, as escalating tensions in the Middle East and a more restrictive Federal Reserve stance drove investors toward the dollar as a safe haven. The move marks a sharp reversal for a currency that......

Euro falls below 1.1500 as traders await Fed and ECB decisions

The euro weakened against the US dollar, slipping below the 1.1500 level on Tuesday as markets positioned ahead of key policy decisions from the Federal Reserve and the European Central Bank. The EUR/USD pair closed near 1.1491 after opening at 1.1505, marking its lowest level in seven months. The Federal......

Morocco Reigns Supreme in EU's Tomato Import Market

Morocco has solidified its position as the undisputed leader in the European Union's tomato import market, capturing an astounding 65% share in 2023. This commanding presence has sent shockwaves through the agricultural sector, leaving many to ponder the implications of Morocco's ascendancy. As......

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