The Mexican peso tumbled last week amid a clear trend for global risk aversion, supporting calls on many Fx analysts that the Latam currency was set to reverse after a spectacular 7-month rally.
August 7, 2023
1467
The dollar struggled to recover on Wednesday after Fitch's downgrade of the U.S. government's top credit rating raised questions about the country's financial outlook, although it received some support from relatively solid economic data.
August 2, 2023
1409
The Bank of Japan last changed its yield curve adjustment policy in December last year: at that time it increased the tolerance from a quarter to half a percentage point, which shocked economists and caused government bonds to tumble.
July 28, 2023
1408
Speculation is mounting that the Bank of Japan will adjust its ultrasoft monetary policy as soon as this month in response to recent economic data, driving the yen to its strongest level against the dollar in about a month.
July 12, 2023
1451
The Mexican peso represents one of very few contrarian stories of an impressive growth against the USD, even though the local economy doesn’t offer nearly as many reasons to believe MXNUSD rally is here to stay.
July 5, 2023
1467
The yen is under selling pressure again, with rising import costs posing a threat to consumers.
June 26, 2023
863
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
1454
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
1466
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
1495
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
1457
April 24, 2024
3161
May 6, 2024
3066
April 12, 2024
2994
