Currencies

The U.S. dollar index (DXY) has been steadily growing lately, driven by increasing risk-off mode associated with many recent and ongoing turbulent events across the globe causing U.S. bond yields to rise.

October 7, 2021

2028

The Japanese yen is poised to recover some of its recent losses if the country's ruling Liberal Democratic Party votes on Wednesday to elect the head of the coronavirus vaccination department, Taro Kono, as the next prime minister, according to a recent ING report.

September 28, 2021

2119

The ruble and Russian stocks welcome a price rally in the commodities sector. The spot gas price in Europe has come closer to the historic maximum ($ 1000 per thousand cubic meters).

September 15, 2021

2144

Don't expect too much going forward from the recent strengthening of the euro – problems in the eurozone keep piling up.

September 9, 2021

2152

The British pound is hovering around $1.375 and is currently posting its first weekly gain against the dollar since late July, enticing Fx traders to join in as a rebound in risk sentiment helped support major world currencies beyond the USD which are perceived as reopening plays.

August 30, 2021

2183

On Thursday, the U.S. dollar rose to a nine-month high against major peers on expectations that the Federal Reserve will begin cutting its huge stimulus as soon as this year.

August 19, 2021

2140

FT wrote that Turkish Lira was “a rare bright spot for emerging market currencies in July”.

July 30, 2021

2177

The U.S. dollar is one single name factoring current broad asset classes’ counterintuitive downfall against the rising inflationary expectations.

July 20, 2021

2303

As of end-Q1 2021, Pakistani rupee (USD/PKR) was admitted as the world’s best performing currency as it strengthened the most against the U.S. dollar over the period. Now, as 1H 2021 has ended, the time is up to find out about new currency appreciation leaders.

July 6, 2021

2194