The risks of too many investors crowding into a single currency pair position can be seen in this month's sharp fall in the Mexican peso as investors shed heavy carry trade opportunities.
April 22, 2024
1106
China's yuan is at a 5-month low and has lost 1.9% against the dollar this year as foreign investors withdraw more money from its struggling markets.
April 17, 2024
1150
The dollar strengthened on Wednesday ahead of the release of a key U.S. inflation report, which came out in the negative tonality.
April 10, 2024
1107
USDRUB exchange rate during trading hours on the Moscow Exchange did not explicitly react to the decision of the Central Bank of Russia (CBR) to keep the key rate at 16% as expected.
March 22, 2024
1289
EURUSD lost 0.4% to 1.0891. Technical charts show that EURUSD has room to drop further, despite current USD weakness.
March 18, 2024
1400
The Bank of Russia (CBR) expectedly kept the key rate at 16% as Russia’s ruble has become one of the three worst performing global currencies in 2023.
February 16, 2024
1466
With the continuous downtrend in the Chinese equities, pressure on the mainland yuan is mounting as well.
February 9, 2024
1582
Following positive trade balance data from Mexico and softer inflation data in the United States, the Mexican Peso (MXN) had a strong performance against the U.S. Dollar (USD) for the third consecutive day on Friday.
January 29, 2024
1516
The EUR/USD recent surge to a 1.1066 is viewed as a positive sign for the Eurozone's economic recovery, as it indicates increased investors’ positive assessment of the Eurozone's economic prospects despite known geopolitical fallouts and rising gas prices.
December 27, 2023
1536
The Russian ruble looks stumbled over enlightenment that it excessively strengthened in the previous days, partially playing back and backing off from unrealized expectation of a rate increase by 200 points.
December 15, 2023
1542
August 4, 2021
4409
August 6, 2021
2988
July 2, 2021
2938
