The Japanese yen, the world’s third most-traded currency, is underperforming, facing similar challenges as the Turkish lira and Argentinian peso over the…
The euro (EUR) experienced a volatile trading session yesterday, initially strengthening due to a weakening US dollar (USD), but later relinquishing gains…
Naira appreciates despite forex turnover decrease and black market depreciation
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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…
MOSCOW (Reuters) – The Russian rouble weakened on Tuesday, pulling back after soaring to a three-month high past 92 to the dollar…
Japan says it's on standby to deal with 'one-sided' currency moves as yen tumbles
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By Takaya Yamaguchi and Leika Kihara TOKYO (Reuters) -Japan’s top currency diplomat Masato Kanda said on Wednesday authorities were on standby to…
Asian currencies experienced a pullback on Wednesday, while the US dollar strengthened following a robust overnight rally and in anticipation of the…
Investing.com – The U.S. dollar edged higher in early European trade Wednesday ahead of the conclusion of the latest Federal Reserve meeting,…
Rupee's stability challenged by declining forex reserves and Fed's decision
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The Reserve Bank of India (RBI) is facing challenges in managing the volatility of the rupee due to a continuous decline in…
By Tom Westbrook and Harry Robertson SINGAPORE/LONDON (Reuters) – The battered yen recovered some ground on Wednesday on threats of intervention from…
The Thai baht has reached a six-week peak against the US dollar, according to analysts at Kasikorn Research Centre. The surge is…