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## Why Investors Need to Read and Understand the Income Statement
Many people see financial statements as difficult and boring, but the truth is that the **Income Statement (P&L Statement)** tells a story about the business that goes beyond what you might think. It’s not just numbers; it’s a history of the company’s successes and challenges.
## What is the Income Statement and How It Shapes the Future of the Business
**P&L Statement or Income Statement** is a document that shows the performance of a business over a specific period. It indicates how much money the business has earned, how much

**EUR/USD Current Rate Signals Fresh Upside as Fed Policy Uncertainty Lifts Euro**
The EUR/USD current rate hovers near 1.1755 on Friday morning in Europe, reflecting sustained bullish momentum that extends above the critical 100-day exponential moving average. This technical strength arrives amid shifting expectations around Federal Reserve leadership and an ECB stance that's signaling patience on rate cuts.
**Policy Backdrop: ECB Holds Firm While Fed Leadership Faces Uncertainty**
The European Central Bank maintained its policy rate at the December meeting, with President Christine Lagarde r