The Mexican Peso Weakens Against the US Dollar Introduction In recent news, the Mexican Peso (MXN) has seen a decrease in value against the US Dollar (USD) due to soft economic data coming out of Mexico. This decline comes at a time when speculation is rife that the US Federal Reserve (Fed) may pause its…
Netflix’s Hit Series “Sintonia” Renewed for Fifth and Final Season A Bittersweet Farewell to a Fan Favorite Attention all “Sintonia” fans! Get ready for one last rollercoaster ride as Netflix officially announced the renewal of its popular crime teen drama for its fifth and final season. The news comes as a bittersweet moment for fans…
HCLTech Announces Exclusive Partnership with Cloud Software Group New York & Noida, India– HCLTech, a leading global technology company, has recently announced an exclusive preferred professional services agreement with Cloud Software Group. This partnership aims to help implement, upgrade, modernize, and provide services for all TIBCO products for enterprise customers worldwide. With this partnership, HCLTech…
Jinja Ghetto Youth Assured of Support to Fight Poverty By Nelly Otto The Deputy Presidential Press Secretary Faruk Kirunda has assured the ghetto youth in Jinja City of support from the government under President Yoweri Museveni once they denounce criminal activities. He was over the weekend addressing more than 300 reformed ghetto youth from Northern…
PS Bigirimana praises ECCMIS as an effective countermeasure to case backlog The Permanent Secretary to the Judiciary, Pius Bigirimana, has delivered an emphatic endorsement of the Electronic Court Case Management Information System (ECCMIS) initiative in Uganda. Bigirimana spoke on August 24th, 2023, highlighting the ECCMIS as a formidable solution to the persistent issue of case…
Gold price strengthens on fading hopes of more interest-rate increases What is happening with gold prices? Gold prices (XAU/USD) have been strengthening this week as the rally in US Treasury yields has come to a halt. This pause in the rise of Treasury yields is due to fading hopes of more interest-rate increases from the…
EUR/USD Extends Losses as US Data Reignites Fed Tightening Worries Overview EUR/USD extended its losses on Tuesday for two straight days and clings above the 1.0900 figure after solid data from the United States (US) reignited worries of additional tightening by the Federal Reserve (Fed) amidst a resilient US economy. At the time of writing,…
The Impact of Supply on USD/CAD Pair During Asian Session Introduction The USD/CAD pair experienced some supply during the Asian session on Tuesday, causing a decrease in spot prices and eroding a major part of the overnight gains to a multi-day peak. The spot prices dropped to a fresh daily low, falling below the mid-1.3400s…
