On Thursday, November 7, the Bank of England: as expected, cut interest rate by 25 basis points despite the fact that the massive budget package from the Labour Party clouded the prospects for further policy easing.
November 13, 2024
537
The Bank of Russia, CBR, profoundly raised its key interest rate by a whopping 200 b.p. — from 19% to 21%. This is an absolute record since February 2022 (20%).
October 25, 2024
498
According to the Central Bank of Russia, inflation is gradually easing, but remains high.
April 26, 2024
577
The risks of too many investors crowding into a single currency pair position can be seen in this month's sharp fall in the Mexican peso as investors shed heavy carry trade opportunities.
April 22, 2024
819
China's yuan is at a 5-month low and has lost 1.9% against the dollar this year as foreign investors withdraw more money from its struggling markets.
April 17, 2024
817
The dollar strengthened on Wednesday ahead of the release of a key U.S. inflation report, which came out in the negative tonality.
April 10, 2024
813
USDRUB exchange rate during trading hours on the Moscow Exchange did not explicitly react to the decision of the Central Bank of Russia (CBR) to keep the key rate at 16% as expected.
March 22, 2024
1059
EURUSD lost 0.4% to 1.0891. Technical charts show that EURUSD has room to drop further, despite current USD weakness.
March 18, 2024
1070
The Bank of Russia (CBR) expectedly kept the key rate at 16% as Russia’s ruble has become one of the three worst performing global currencies in 2023.
February 16, 2024
1189
With the continuous downtrend in the Chinese equities, pressure on the mainland yuan is mounting as well.
February 9, 2024
1287
August 4, 2021
2732
August 6, 2021
2628
July 2, 2021
2537
