Tag: Foreign exchange market
The euro exchange rate is dampened
Euro bills At the beginning of the week, the European currency recorded losses against the US dollar. (Photo: dpa) Frankfurt Weak economic data pushed the euro rate down at the…
Yuan near record low – FX analysts expect continued weakness
Frankfurt The extent of the current weakness of the Chinese currency, the yuan, can be seen from a report: Last week, the Chinese central bank felt compelled to refer to…
Yen falls below important mark – Finance Minister wants to react “appropriately”.
Japan’s Finance Minister Shunichi Suzuki Japan’s finance minister announced “appropriate responses” should volatility become too severe. (Photo: via REUTERS) Tokyo The yen has broken a psychologically important barrier to the…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
Turkish lira falls to record low after election
Türkiye The Turkish lira is at a record low. (Photo: Bloomberg) Turkey’s national currency, which had been weak for months, fell to a record low again after President Tayyip Erdogan’s…
The Turkish lira is under pressure ahead of elections
Istanbul, Frankfurt Turkish President Recep Tayyip Erdogan has difficult weeks ahead of him. According to polls, he will have to fear for his office in the elections in May. Probably…
Why foreign exchange is now also being traded at the Istanbul Bazaar
Bazaar in Turkey The fact that currency trading is now taking place in the bazaar is due to the policy of President Recep Tayyip Erdogan before the elections in May.…
Euro hits highest level in over a year
100 euro bill on dollar banknotes Dusseldorf It has only been five months since the euro fell below par with the US dollar and hit a 20-year low. The common…
Stock prices in Asia rise ahead of US inflation report and Fed minutes
Tokyo Stock Exchange The leading index Nikkei rose by 0.4 percent. (Photo: Bloomberg) Tokyo In anticipation of a further interest rate hike by the US Federal Reserve due to the…
Why the dollar’s current strength need not last
U.S. dollar The US currency temporarily hit a seven-week high against the euro on Friday. (Photo: dpa) Frankfurt The dollar is currently on a high again. On Friday, the US…
Why the dollar’s current strength need not last
U.S. dollar The US currency temporarily hit a seven-week high against the euro on Friday. (Photo: dpa) Frankfurt The dollar is currently on a high again. On Friday, the US…
Turkish lira at record low as earthquake hits currency
Exchange office in Istanbul The Turkish currency lira is currently under pressure. (Photo: imago images/NurPhoto) Istanbul After the severe earthquake in the border region between Turkey and Syria, the pressure…
Capital markets versus central banks – why investors ignore interest rate hikes
dax Trading floor of the Frankfurt Stock Exchange. The leading index Dax has already gained 1400 points this year. (Photo: Bloomberg/Getty Images) Frankfurt, Dusseldorf The stock market week actually delivered…
Massive inflation, strong Turkish lira – export companies are in trouble
Istanbul Managers of the Turkish textile industry made a desperate appeal to the government this week: the domestic currency is too strong and must lose value. Otherwise the sectors affected…
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…
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…
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,…