Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:49
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:48
Russia to Restart Buying Currency, Gold as Energy Income Revives
Russia will start buying foreign currency and gold as a recovery in energy revenue brought it above the
2023-08-03 17:15
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:29
Treasuries Demand to Persist: What Analysts Say About US Credit Downgrade by Fitch
The downgrade of the US’s sovereign credit rating by Fitch sent global stock markets lower, interrupting a steady
2023-08-02 18:27
Mexico Peso Clocks Longest Monthly Winning Streak Since 2008
Mexico’s peso posted its seventh-straight month of gains, the longest such streak in 15 years, with the currency’s
2023-08-01 05:49
Baht Looks to Bank of Thailand to Add Impetus to Nascent Rebound
Thai baht’s nascent recovery is set to solidify with the nation’s central bank seen sticking to its hawkish
2023-07-31 08:48
EM Currency Rally Pauses as Bank of Japan Tests Carry Trade
A gauge of developing nation currencies dropped for the first time this week as a hawkish tweak to
2023-07-28 20:56
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:53
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
2023-07-26 19:29
Nigeria Hikes Rates in First Test of Central Bank’s Autonomy
Nigeria’s central bank extended its longest cycle of monetary tightening in years, keeping the focus on fighting inflation
2023-07-26 18:19
BOJ Set to Stick With Easing as Markets See Clock Ticking on YCC
The Bank of Japan is widely expected to stick with its negative interest rate this week, leaving the
2023-07-25 07:16