Currencies

On an annual basis, the ruble has lost 57% against the dollar and 73% against the euro, and its precipitous decline continues.

August 9, 2023

1224

The Mexican peso tumbled last week amid a clear trend for global risk aversion, supporting calls on many Fx analysts that the Latam currency was set to reverse after a spectacular 7-month rally.

August 7, 2023

1266

The dollar struggled to recover on Wednesday after Fitch's downgrade of the U.S. government's top credit rating raised questions about the country's financial outlook, although it received some support from relatively solid economic data.

August 2, 2023

1216

The Bank of Japan last changed its yield curve adjustment policy in December last year: at that time it increased the tolerance from a quarter to half a percentage point, which shocked economists and caused government bonds to tumble.

July 28, 2023

1222

Speculation is mounting that the Bank of Japan will adjust its ultrasoft monetary policy as soon as this month in response to recent economic data, driving the yen to its strongest level against the dollar in about a month.

July 12, 2023

1231

The Mexican peso represents one of very few contrarian stories of an impressive growth against the USD, even though the local economy doesn’t offer nearly as many reasons to believe MXNUSD rally is here to stay.

July 5, 2023

1268

The yen is under selling pressure again, with rising import costs posing a threat to consumers.

June 26, 2023

640

South Africa’s fiat currency plummeted to a record low of 19.7640 against the U.S. dollar on May 25, shortly after the South African Reserve Bank raised interest rates to their highest level since 2009.

June 5, 2023

1265

The Turkish lira fell to a record low as incumbent Recep Tayyip Erdogan won the 2023 presidential election, extending his reign into his third decade in power.

May 29, 2023

1269