by Jibran Munaf | July 1, 2024 | Currency Markets Analysis, News
The euro strengthened on Monday following the first round of France’s parliamentary elections, which saw the far-right party secure a leading position, albeit by a smaller margin than anticipated. Meanwhile, a downgrade to Japan’s first-quarter growth...
by Jibran Munaf | June 28, 2024 | Currencies, News
The yen has crossed the 161 mark against the dollar for the first time since 1986. Japan reportedly appointed Atsushi Mimura as its top currency diplomat, replacing Masato Kanda, according to Nikkei. Mimura is the director general of the Japanese finance ministry’s...
by Jibran Munaf | June 27, 2024 | Currencies, Markets, News
The U.S. dollar hit its strongest level since December 1986 against the yen, and it was last up 0.7% at 160.697 yen. On Wednesday, the U.S. dollar reached its highest level against the Japanese yen in nearly 38 years, amid investor speculation that Japanese...
by Jibran Munaf | June 21, 2024 | Currencies, Finance
The rupee recovers slightly after hitting a lifetime low, influenced by a weaker Chinese yuan and dollar outflows On Friday, the Indian rupee inched higher, recovering from a decline to its record low in the previous session. The drop was spurred by weakness in the...
by Jibran Munaf | June 20, 2024 | Banking, Currencies, Economy, Finance, News
Investors await central bank decisions from the UK, Switzerland, and Norway amidst steady currency movements The British pound held broadly steady on Thursday as markets awaited a rate decision from the Bank of England (BoE) later in the day. The dollar was similarly...
by Admin | May 12, 2024 | Currencies
Recent data from Clark Moody’s Bitcoin dashboard reveals a significant milestone for the Bitcoin network: surpassing one billion transactions. In recent weeks, Bitcoin transactions and associated fees have been a focal point of discussion within the industry. This...
