Turkish lira remains weaker against USD after the Turkish central bank decided to hold its key rate at 14%.
February 18, 2022
1897
The Norwegian and Swedish kroons/kronas are expected to appreciate against the euro in 2022, overcoming economic tensions caused by the recent resumption of the coronavirus pandemic.
February 11, 2022
1605
Now is not the time to fight Fed hawks or dollar bulls as the euro/dollar pair is back in the spotlight, but the rationale for a more promising outlook for the pair in 2022 remains unchanged as Fed and ECB policy expectations are being adjusted.
February 1, 2022
1696
The U.S. dollar hit its highest level in nearly five years against all major currencies thanks to wider expectations of the radical change in the Fed’s monetary policy.
January 7, 2022
1873
Recently, the Fx team of Bank of America published its midterm Aussie forecast.
December 27, 2021
1806
We wrote repeatedly about the recent demise of the Turkish lira, caused by Turkey’s Central Bank’s non-conventional monetary policy.
December 13, 2021
1701
The U.S. dollar index, DXY, the widely used tool which tracks the greenback against a basket of its trading counterparts, is at 96.26 – a bit lower, than yesterday, but still above levels seen last week, when global markets started the hiccups.
November 26, 2021
1842
On Thursday, the Turkish lira fell to an all-time low of around 11 per dollar, almost 9% below Friday's close, before reclaiming some losses ahead of a central bank meeting, which is expected to keep on with further rate cuts, despite currency devaluation and inflation of around 20%.
November 18, 2021
1807
On Thursday, the Bank of England’s decision to leave the Bank’s Rate at 0.1% was not surprising at all.
November 8, 2021
1891
The Federal Reserve announced the inception of tapering of its asset purchases later in November.
November 4, 2021
1795
August 4, 2021
2736
August 6, 2021
2631
July 2, 2021
2538
