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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Japanese Yen Seems Unemotional after Fed’s Hints at Monetary Policy Turnaround, as BoJ Keeps Slightly Negative Interest Rate in Place
Jan 24, 2024
The Japanese yen consolidated as the Bank of Japan issued a restrictive statement that it is expected to withdraw i...
Some Currency Analysts Predict that Russian Ruble may Further Strengthen To 85 Rubles/$1 This Week
Jan 22, 2024
Although a strong momentum in ruble at the beginning of this week isn’t yet expected, thereafter traders will likel...
Argentine Peso Continues to Weaken on Possibility of Dollarization
Jan 12, 2024
Investors expect Argentina's currency to come under increasing pressure weeks after new President Javier Milei deva...
China Downward Revised the Weights of USD and Euro in its CFETS basket in 2023
Jan 04, 2024
China has adjusted the CFETS basket several times since it introduced a trade-weighted yuan index in December 2015...
Swiss Franc Outperformed All of its Big Ten Peer Currencies This Year
Dec 25, 2023
The Swiss franc (USDCHF) hit its highest level against the dollar in nearly 9 years (!) on Friday, December 22, wit...
Transitory Dollar Weakness Temporarily Pushed Yen and Other Asian/Pacific Currencies Higher
Dec 07, 2023
The USD/JPY pair experienced a significant correction of around 1.5% lately.
The DXY Dollar Index Spot Reacts to Powell’s Hesitation to Affirm End of Rate Hike Cycle
Nov 02, 2023
As we already know, the U.S. Federal Reserve has decided to keep interest rates unchanged again, although interest...
Shekel and Financial Aspects of the War
Oct 11, 2023
The Bank of Israel is selling foreign exchange reserves on the market for the first time in order to stabilize the...
Spectacular Sight of the Falling Yen May Be Interrupted by BoJ’s Interventions – First since October
Sep 27, 2023
The widening interest rate differential between the U.S. and Japan has pushed the yen lower since the Federal Reser...
Nigeria's Naira Falls to a Record 980 on Black Market
Sep 21, 2023
Local currencies resumed their depreciation against USD.
Mexico Presidential Candidate Galvez Wants Weaker Peso to Boost Economy, but So Far Peso is Spearheading
Sep 13, 2023
The Mexican peso is leading the rebound again in Latin American currencies this week, as a weaker USD and improving...
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