2024-08-16 | Industry Dynamics
Russia Silent on Rouble’s Decline Linked to Ukrainian Attack
In Russia, a noticeable silence has emerged regarding any connection between the recent decline of the rouble and the Ukrainian attack on the Kursk region.
2024-08-16 | Industry Dynamics
In Russia, a noticeable silence has emerged regarding any connection between the recent decline of the rouble and the Ukrainian attack on the Kursk region.
2024-08-02 | Industry Dynamics
The Japanese yen and Swiss franc have risen to multi-month highs against the dollar following a sharp decline in U.S. manufacturing, which has stoked fears of an economic downturn and led to widespread losses in stocks and bonds.
2024-07-18 | Industry Dynamics
On Thursday, the Japanese yen reached a six-week high, fueling speculation about possible government intervention. This development comes as the dollar faces widespread declines in anticipation of potential U.S. interest rate cuts in the coming months.
2024-07-09 | Industry Dynamics
Japan is poised to redirect a significant portion of its substantial dollar reserves back into yen, a move that could significantly impact global financial markets due to the scale of the assets involved.
2024-07-05 | Industry Dynamics
The British pound held steady and U.K. stocks looked set to rise on Friday following a decisive victory for the centre-left Labour Party in the parliamentary elections. This outcome provided investors with a sense of stability after years of market volatility.
2024-06-24 | Industry Dynamics
The yuan’s drop to a seven-month low, coupled with significant cash outflows from mainland China to Hong Kong, indicates that Chinese domestic investors are losing hope for a quick recovery in their home markets and are instead seeking better returns in nearby markets. This shift is accompanied by a notable reversal in equity investment flows into China.
2024-06-14 | Industry Dynamics
Following new U.S. sanctions, Russia has ceased trading in dollars and euros on its primary financial marketplace, the Moscow Exchange.
2024-05-30 | Industry Dynamics
Japan authorities are shifting their focus toward structural economic issues contributing to the ongoing depreciation of the yen, moving beyond mere market interventions which have shown limited effectiveness in halting the currency’s decline.
2024-05-24 | Industry Dynamics
Argentina’s peso has plunged on the black market, casting doubt on President Javier Milei’s plans to lift strict currency controls and stabilize the economy.
2024-03-15 | Industry Dynamics
Today’s News European asset managers are sounding the alarm about impending changes to trade settlement times on Wall Street, cautioning of potential systemic risks to currency markets. The European Fund and Asset Management Association (Efama) has highlighted that nearly 40% of daily foreign exchange transactions could face exclusion from the primary platform for reconciling currency […]