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Japanese Yen and Australian Dollar Diverge on Respective Central Bank Policies and Outlooks
May 02, 2023
The Japanese yen continued its sharp downward slide on Tuesday, May 2, hitting its 15-year low against the euro, as...
Argentine Peso Fell Another 10 Percent against the Dollar
Apr 26, 2023
The Argentine peso dropped more than 10% against the dollar in the past week, rising from less than 400 per dollar...
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...
The ECB Has More Room to Raise Rates than the Fed
Apr 14, 2023
Citigroup's currency strategists think that once the euro/dollar (EURUSD) rate breaks through resistance at 1.10-1....
U.S. Dollar vs Japanese Yen: If “Ifs” and “Buts” Were Candies and Nuts, We’d All Have Merry Christmas
Apr 10, 2023
Selling the dollar for the yen was the main trade idea at Morgan Stanley as of end-March as investors await confirm...
The U.S. Dollar Fell Sharply after the Fed Meeting on Wednesday
Mar 23, 2023
EUR/USD has gained more than 100 pps at its peak and hit a monthly high above 1.0900. U.S. Treasuries rose after th...
Russian Ruble Spearheaded on U.S. Bank Failures, Despite Gargantuan Budget Deficit
Mar 14, 2023
The Russian ruble reversed its months-long declines and vigorously rose against the dollar at the most significant...
Pakistani Rupee Crashes against U.S. Dollar
Mar 09, 2023
The Pakistani rupee (USDPKR) recently accelerated its downfall and traded lower yesterday, on March 8, snapping a 3...
Russian Ruble Remains Under Psychological Pressure Despite Tax-Payment Period Begins
Feb 21, 2023
​​​​​​​The ruble rises against the U.S. dollar, but falls for the fifth week in a row amid fears of a new round of...
UAE’s Dirham Becomes an Important Petrocurrency in Arab-Indian Trades
Feb 10, 2023
Reliance Industries Ltd., Bharat Petroleum Corp Ltd. and Nayara Energy Ltd. are among the number of Indian oil refi...
Ruble: Benefitting from Russia’s Return to 4th Place by Gold Reserves but Suffering from Oil Price Cap
Feb 06, 2023
At the end of 2022, China became the largest gold and foreign exchange reserves holder in the world for the 17th ti...
Lebanese Pound Shows Even More Acute Pain than Zimbabwean Dollar Did a Decade Ago
Feb 01, 2023
​​​​​​​Lebanon's central bank governor, Riyadh Salameh, said Lebanon will introduce a new official exchange rate of...
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