Inflation Data Weighs on the Dollar
by Rania Gule, Senior Market Analyst at XS.com – MENA
The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Bank of Palestine held its General Annual Meeting in Ramallah
Bank of Palestine Ordinary Annual General Assembly Meeting (AGM) & Extraordinary General Assembly Meeting (EGM)...
Bank of Palestine Launches Initiatives to Support Innovation and Startups in Gaza
Bank of Palestine launched two initiatives to support the Palestinian technology innovators and...
“Palestine in the Heart”
A campaign to raise donations at both local and international levels, mainly targeting relief efforts in Gaza in addition to the...
