The yen is under selling pressure again, with rising import costs posing a threat to consumers.
June 26, 2023
1040
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
1695
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
1617
The dollar fell during European trade on Friday as traders worried that continued turmoil in the U.S. banking system, along with the rapidly approaching debt ceiling increase day, could lead to an earlier-than-expected rate cut by the Federal Reserve despite its recent hawkish rhetoric.
May 5, 2023
1634
Russian ruble is trading below 80 against USD and close to 87 against EUR – for the first time since April 4, posting around 2.5% daily increase after CBR’s scheduled meeting and Chairwoman Elvira Nabiullina’s comments.
April 28, 2023
1693
The DXY Dollar Index Spot returned to its February 2023 lows despite renewed inflation worries, making investors to believe that at least two more interest rate hikes during this year are on the table.
April 21, 2023
1710
The Barron's dedicated today's editorial to Bitcoin (BTCUSD).
April 11, 2023
1666
BofA Securities considers it to be a fair move to depreciate the lira by 15-25% in order to balance its long term and short terms financial accounts, regardless of who wins the May election.
March 31, 2023
1580
As we all know by now, Swiss authorities announced Sunday that UBS is looking to bring in Swiss bank Credit Suisse as part of a massive merger aimed at avoiding further turmoil in the regional and global banking market.
March 21, 2023
1807
Last week, hedge funds retained their biggest yen bear positions in 6 months in what was a painful trade, as the collapse of Silicon Valley Bank suddenly boosted demand for the Japanese currency as a safe haven.
March 17, 2023
1649
August 4, 2021
4605
August 6, 2021
3070
July 2, 2021
3026
