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The Japanese yen continued its strong plunge this week as investors braced for a return of Abenomics. The USD/JPY exchange rate rose to 153, its highest point since February 13, and up by about 10% from its lowest level this year.  Why the Japanese yen is crashing The USD/JPY pair surged this week as investors […]

The Argentine peso has surged in the past few days as investors focus on the rumored bailout by the Donald Trump administration. The USD/ARS exchange rate plunged to a low of 1,305 on Friday, down by over 11% from its highest level this year. So, will the peso maintain its strong growth? Why the Argentine […]

The South African rand, often seen as a bellwether for the emerging market currencies, has soared to the highest point since September last year. The USD/ZAR exchange rate has soared to a low of 17.14, down by over 14% from its highest point this year. Why the South African rand has soared. The South African […]

The Zimbabwe ZiG currency has done relatively well this year, helped by the ongoing gold price rally, weaker dollar, and the higher interest rates by Zimbabwe’s central bank. ZIG, whose ticker symbol is ZWG, has remained at 26.70 in the past few months, slightly above the January 1 level of 25.6. Soaring gold price has […]

The crypto market moved sideways in the past few days as investors reacted to the recent hawkish statements by Federal Reserve officials statements on interest rates.  This article provides a forecast for top coins like Centrifuge (CFG), Synthetix (SNX), and MYX Finance (MYX). Centrifuge price technical analysis Centrifuge’s CFG token price has rebounded in the […]

The Indian rupee crashed to a record low this month, making it one of the worst-performing currencies in the Asian region this year. The USD/INR exchange rate rose to a record high of 88.86, up by over 6.1% from its highest level this year.  RBI interest rate decision will impact the Indian rupee The USD/INR exchange […]

The South African rand is having a great performance this year even as the country’s economy face substantial risks. The USD/ZAR exchange rate was trading at 17.30, its lowest level since November last year. It has plunged by over 13% from its highest level this year, making it one of the top gainers in the […]

The Japanese yen retreated on Friday as investors watched the new political developments in Japan’s political environment. The USD/JPY exchange rate dropped to 152.62, down from this week’s high of $153.45. Japanese yen rebounds as ruling coalition collapses The USD/JPY exchange rate has been in a strong uptrend this week as investors cheered to the […]

The GBP/USD exchange rate remained in a tight range this week as investors focused on the recent statements by Jerome Powell and Andrew Bailey, and the recently released UK jobs numbers. It was trading at 1.3342 on Wednesday, down from the year-to-date high of 1.3790. Dovish Federal Reserve statements  The GBP/USD exchange rate was under […]

Argentina is anticipated to ease its foreign exchange policy following this month’s midterm elections, as analysts and investors warn that the peso’s current trading band may not last much longer. According to Reuters, the projected shift follows greater US financial support, which some fear may simply postpone further modifications to the troubled currency. US backing […]