Tag: Foreign exchange market
Why the lira is threatened with a steep fall
Bazaar in Istanbul Many Turks are now spending their money before everything gets even more expensive. (Photo: Reuters) Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira…
Why the lira is threatened with a steep fall
Bazaar in Istanbul Many Turks are now spending their money before everything gets even more expensive. (Photo: Reuters) Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira…
Why the lira is threatened with a steep fall
Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira in Turkey. It is now almost 18 lira. And currency experts reckon that the lira could soon break…
Why the lira is threatened with a steep fall
Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira in Turkey. It is now almost 18 lira. And currency experts reckon that the lira could soon break…
Investors are speculating that the ECB will raise interest rates
The headquarters of the European Central Bank in Frankfurt am Main The ECB will discuss a possible rate hike at its meeting on Thursday. (Photo: dpa) Frankfurt Speculations about a…
Euro slips to parity with the US dollar
Euro and dollar bills For the first time since October 2002, the two currencies are worth the same. (Photo: Reuters) Frankfort, New York The fall of the euro against the…
Parity with the dollar is imminent
dollars and euros The European single currency has fallen to its lowest level in 20 years against the dollar. (Photo: Reuters) Dusseldorf, Frankfurt Parity between the euro and the dollar…
Euro falls to lowest level against dollar since 2002
Euro and dollar banknotes Dusseldorf The fall of the euro against the US dollar continues. The European common currency fell temporarily to its lowest level since 2002 on Tuesday and…
Euro falls to lowest level against dollar since 2002
Euro and dollar banknotes Dusseldorf The fall of the euro against the US dollar continues. The European common currency fell temporarily to its lowest level since 2002 on Tuesday and…
Yen falls to 24-year low
Dollar and Yen note The Japanese currency has depreciated significantly against the US dollar. (Photo: Reuters) Tokyo The Japanese national currency is coming under pressure: one US dollar is equivalent…
Inflation and interest rate increases are causing losses on the Asian stock exchanges
Tokyo Stock Exchange Investors are worried about recession. (Photo: AP) Tokyo Fears of a US recession following aggressive rate hikes by the US Federal Reserve drove investors in Asia out…
Why the Japanese Yen is so weak right now
Japanese currency: Yen The currency has been under pressure on the foreign exchange market for months, although inflation in Japan is comparatively low. (Photo: Gina Sanders – stock.adobe.com) Frankfurt Compared…
Euro weakness deepens the European Central Bank’s dilemma
At the end of the last century, hopes for the new common currency were high: the euro was to become the second world currency alongside the US dollar as soon…
Tokyo Stock Exchange investors are cautious
Scoreboard in Tokyo Investors are cautious at the start of the week. (Photo: AP) Beijing The Tokyo stock exchange started the new week cautiously in view of inflation and economic…
What the West can do to weaken the ruble
Exchange office in Russia The Russian ruble has recently appreciated again significantly. (Photo: action press) Frankfurt It sounds strange: The West has imposed tough economic sanctions on Russia – and…
Will the dollar soon reach parity with the euro?
U.S. dollar The American currency has appreciated significantly in value since the beginning of the year. (Photo: Reuters) Frankfurt Experts have often proclaimed the end of the dollar’s global dominance.…
Japanese government worried about yen weakness – ‘cons outweigh cons’
Japan’s national currency, the yen The yen was at 127.80 to the dollar, its lowest level since May 2002. (Photo: dpa) Tokyo The Japanese government is warning more clearly than…
Experts reveal why Russia’s currency has appreciated
Russian ruble coins The currency lost a lot of value after the Russian attack on Ukraine and the sanctions that were then decided. Recently, however, it has revalued significantly. (Photo:…
Stock exchanges in Asia slightly in the red – focus on US monetary policy and commodity markets
Markets Asia Japanese investors start the weekend hesitantly. (Photo: AP) Frankfurt, Tokyo Asian stocks headed for a second straight week of gains on Friday, although trading was choppy. Investors worried…
Fall of Japan’s currency threatens safe haven reputation
Tokyo In times of crisis, the Japanese yen usually serves as a safe haven asset. Since the outbreak of the war in Ukraine, there has been concern in Japan that…