Tag: Exchange rate
What FX experts advise for the coming year
Is the rally over? In 2022, the dollar rose sharply – many experts are rather pessimistic about the prospects for the coming year. Frankfurt After a long period of steady…
What FX experts advise for the coming year
Is the rally over? In 2022, the dollar rose sharply – many experts are rather pessimistic about the prospects for the coming year. Frankfurt After a long period of steady…
Turkey wants another 25 percent discount on Russian gas
Recep Tayyip Erdogan and Vladimir Putin The Turkish President (left) and the head of the Kremlin regularly exchange ideas – here in October of this year in Kazakhstan. (Photo: AP)…
Inflation rate in Turkey falls for the first time in a year and a half
Turkish lira President Recep Tayyip Erdogan had called for the key interest rate to be lowered into the single digits by the end of the year. (Photo: dpa) Istanbul The…
How Investors Benefit From Yen Crash & Stocks Rally
Tokyo in the Sunlight The prospects for Japan’s economy are comparatively stable. (Photo: IMAGO/Kyodo News) Frankfurt Investors in Japan are currently experiencing in an exemplary manner how much success on…
Dollar rally halted for the time being – is the trend reversing now?
The $100 bill is a work of art made from drinking straws The world’s leading currency has recently kept foreign exchange investors in suspense. (Photo: Moment/Getty Images) Frankfurt The US…
Inflation rises to 85.5 percent
Shopping street in Istanbul In Turkey, high inflation is being driven by several factors. (Photo: IMAGO/ZUMA Wire) Ankara Inflation in Turkey has continued to accelerate. In October, consumer prices were…
The US Federal Reserve raises interest rates by another 75 basis points
Fed Chair Jerome Powell The US Federal Reserve Chairman warns the markets against too much optimism. (Photo: AP) new York The US Federal Reserve has raised the key interest rate…
The US Federal Reserve raises interest rates by another 75 basis points
Federal Reserve Building in Washington new York The US Federal Reserve has raised the key interest rate extremely sharply for the fourth time in a row. It raised it again…
The US Federal Reserve raises interest rates by another 75 basis points
Federal Reserve Building in Washington new York The US Federal Reserve has raised the key interest rate extremely sharply for the fourth time in a row. It raised it again…
The yen pauses its fall
Yen exchange rate on a scoreboard Tokyo Japan’s finance ministry intervened to support the yen for the second time in four weeks. The yen reacted promptly and rose against the…
Bundeswehr special assets: government cuts projects
Chancellor Olaf Scholz in front of a Puma infantry fighting vehicle The number of pieces for the intended second lot of the Puma is reduced almost every week. (Photo: Reuters)…
Dollar strength: Central banks rely on foreign exchange intervention
Shop window in South Korea Asia’s central banks are waging a kind of reverse currency war. (Photo: AP) Frankfurt It was a historic moment. For the first time since 1998,…
Weak euro harms Turkish exporters and German companies
Currency exchange office in Istanbul The price of imported goods is rising continuously due to the weak lira. (Photo: Reuters) Istanbul The historical weakness of the euro puts Turkish exporters…
Weak euro harms Turkish exporters and German companies
Currency exchange office in Istanbul The price of imported goods is rising continuously due to the weak lira. (Photo: Reuters) Istanbul The historical weakness of the euro puts Turkish exporters…
US national debt hits record high of $31 trillion
Washington The USA started the new financial year with a record national debt of more than 31 trillion US dollars (31 trillion euros). Debt stood at $31.1 trillion on Tuesday,…
Opening up tourism could boost other stocks
Tourists in Japan “Positive for consumption and the yen.” (Photo: IMAGO/AFLO) Tokyo Japan’s stocks are already among the global topper shapers. While the Dow Jones index has fallen by a…
Chaos and fear reign in the markets – it will stay that way for the time being
Frankfurt Stock Exchange The leading German index, the Dax, has lost around 20 percent in value over the past twelve months. (Photo: picture alliance/dpa) As we all know, everything is…
Chaos and fear reign in the markets – it will stay that way for the time being
Frankfurt Stock Exchange The leading German index, the Dax, has lost around 20 percent in value over the past twelve months. (Photo: picture alliance/dpa) As we all know, everything is…
Yuan falls to record low – central bank under pressure
Chinese yuan The currency comes in an onshore variant, which is legal tender in China, and an offshore entity, which is traded abroad. Both are currently under a lot of…