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339 posts

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Currencies

Currencies

Yen's underperformance likened to Turkish lira and Argentinian peso

By Press Room
November 1, 2023
1 Mins read
Currencies

Euro fluctuates amid cooling inflation and fading ECB rate hike prospects

By Press Room
November 1, 2023
1 Mins read
The euro (EUR) experienced a volatile trading session yesterday, initially strengthening due to a weakening US dollar (USD), but later relinquishing gains…
Currencies

Naira appreciates despite forex turnover decrease and black market depreciation

By Press Room
November 1, 2023
1 Mins read
On Tuesday, the Nigerian naira showed a significant appreciation of 21.81%, closing at an official rate of N815.32/$1, up from N993.82/$1 the…
Currencies

Russian rouble gives up gains after soaring to 3-month high

By Press Room
November 1, 2023
1 Mins read
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar…
Currencies

Japan says it's on standby to deal with 'one-sided' currency moves as yen tumbles

By Press Room
November 1, 2023
1 Mins read
By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japan’s top currency diplomat Masato Kanda said on Wednesday authorities were on standby to…
Currencies

Asian currencies retreat amid strong US dollar and weak Chinese PMI data

By Press Room
November 1, 2023
1 Mins read
Asian currencies experienced a pullback on Wednesday, while the US dollar strengthened following a robust overnight rally and in anticipation of the…
Currencies

Dollar edges higher ahead of Fed decision; yen remains weak

By Press Room
November 1, 2023
2 Mins read
Investing.com – The U.S. dollar edged higher in early European trade Wednesday ahead of the conclusion of the latest Federal Reserve meeting,…
Currencies

Rupee's stability challenged by declining forex reserves and Fed's decision

By Press Room
November 1, 2023
1 Mins read
The Reserve Bank of India (RBI) is facing challenges in managing the volatility of the rupee due to a continuous decline in…
Currencies

Yen rises from one-year low after official escalates intervention warning

By Press Room
November 1, 2023
2 Mins read
By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) – The battered yen recovered some ground on Wednesday on threats of intervention from…
Currencies

Thai baht hits six-week high amid Federal Reserve uncertainty

By Press Room
November 1, 2023
1 Mins read
The Thai baht has reached a six-week peak against the US dollar, according to analysts at Kasikorn Research Centre. The surge is…
Currencies

Currency market shifts as Japanese officials hint at intervention

By Press Room
November 1, 2023
1 Mins read
In the latest development in the currency market, the experienced a dip from 151.70 to under 151.20 following hinted intervention by Japanese…
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