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EURUSD Fell Sharply on Friday, Hitting Unexpected Level of 1.0785
Sep 04, 2023
EURUSD has been downtrending almost uninterruptedly since hitting an 18-month high of 1.1275 on July 18, resulting...
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Russian Ruble Resumed Strengthening to Below 90/USD
Jul 25, 2023
In general, the mood for technical correction after excessive RUBUSD weakening last two weeks was well anticipated...
Ruble Tumbled to over a Hundred against Euro, CBR Head Nabiullina Said She Wouldn’t Intervene Now
Jul 07, 2023
The russian ruble accelerated its decline starting midweek.
Ruble and Other Soft Currencies Dropped as U.S. Q1 GDP Grew at 2%, up from the 1.3% Reported Earlier in GDP Survey, Further Strengthening USD
Jun 30, 2023
Russian ruble is ending Q2 and 2H 2023 near its lowest values since March 2022. Yesterday, on June 29, the USDRUB p...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
Japanese Yen is Rapidly Weakening Again into Abysmal Lows
Jun 20, 2023
Japan is closely monitoring currency moves to ensure foreign exchange rates remain stable and reflect economic fund...
Analysts Assessed Ruble Prospects after Central Bank’s Rate Decision
Jun 12, 2023
The Central Bank expectedly left the rate at 7.5%, in line with most forecasts, as a sharp rise in spending and lab...
Despite Growing Skepticism, British Point Likely Remains Bullish, Subject to U.S. Debt Ceiling Vote Outcome
May 26, 2023
Pound Sterling (GBPUSD) extends gains further above $1.25 and is climbing for the first time since last Friday.
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Russian Ruble Slumped Again Because of Rising Risk of New Sanctions
May 17, 2023
The Russian ruble yesterday, Tuesday afternoon, continued to decline against the leading global currencies, while u...
DXY Dollar Index Little Changed Despite Stalling Talks about Debt Ceiling Increase
May 10, 2023
The DXY Dollar Index Spot is trading nearly unchanged today at 101.72, seemingly ignoring the latest news about sta...
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