EU defense spending surges 122% in a decade

Despite the reputation for underfunding their militaries, Finbold research found that EU countries increased their cumulative defense budgets by nearly 122% in the last ten years. Specifically, the combined defense expenditure of

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Euro remains subdued on dovish ECB mood

The EURGBP currency pair retraced its recent gains from the previous session, trading around 0.8330 during Monday’s Asian hours. The Euro faces downward pressure as several European Central Bank officials remain comfortable

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Dollar under pressure as mood improves

The US dollar struggles to find demand early Thursday after having failed to capitalise on January inflation data on Wednesday. The European economic calendar will feature Industrial Production data for December. Later

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