The Brazilian real extended its recent slide, weakening toward 5.3 per US dollar as investors reassessed both domestic and global risks. The currency’s depreciation reflects a combination of internal liquidity concerns and external pressures, including heightened geopolitical tensions in the Middle East and a stronger US dollar weighing on emerging market currencies. Recent data and
The Swiss franc will be in the spotlight this week, as investors focus on the upcoming Federal Reserve and Swiss National Bank (SNB) interest rate decisions. The USD/CHF exchange rate was trading at 0.7850, down by 15% from its highest point in 2025. Similarly, the EUR/CHF pair was at 0.9065, down 6.17% below its last
The South African rand is staging a comeback this week, paring back some of the recent losses that started in February. The USD/ZAR exchange rate dropped to 16.62, down modestly from this month’s high of 16.96. So, will the pair continue falling or rebound ahead of the South African Reserve Bank (SARB) and Federal Reserve
The Russian ruble continued its recent downtrend against the US dollar, even as the country became a major beneficiary to the ongoing Iran war. The USD/RUB exchange rate rose to 80.33, its highest level since January 9, and 7.15% from its lowest level this year. Russia is receiving a windfall as the Iran war continues
The Japanese yen continued its strong downward trend, reaching its weakest level since 2024 as concerns about the Japanese economy accelerated. The USD/JPY exchange rate rose to 159.63, up by nearly 5% from its lowest point in January this year. Japanese yen crash gains steam amid the Iran war The USD/JPY exchange rate has been
The EUR/USD exchange rate continued its strong downward trend, reaching its lowest level since November last year. It dropped to 1.1495, down sharply from the year-to-date high of 1.2080. This retreat may continue as the Iranian war continues. Europe pressured as war in Iran pushes energy prices higher The EUR to USD exchange rate has
The USD/JPY exchange rate pulled back slightly, moving from this week’s high of 158.85 to 157 as geopolitical tensions fell and after Japan published strong macro data. So, what next for the pair ahead of the upcoming US inflation report? Japan published strong GDP data The USD/JPY exchange rate pulled back as the US dollar
For a brief stretch earlier this year, the euro traded comfortably above $1.20. Investors were talking up Europe’s defence spending plans, big-ticket infrastructure projects and a more confident post-pandemic recovery. That optimism evaporated almost overnight. The war in the Middle East revived one of the euro’s oldest vulnerabilities: energy dependence. Crude oil surged toward $100
The Australian dollar, local bonds, and the ASX Composite are rising this month as the country becomes an unusual haven among investors. The AUD/USD exchange rate jumped to its highest point since 2022, while the ten-year government bond yields dropped from this week’s high of 5% to the current 4.80%. Similarly, the ASX 200 Index,
The Turkish lira rose slightly this week as traders waited for the upcoming CBRT interest rate decision, as the crisis in the Middle East continued. The USD/TRY exchange rate retreated to 44 from the year-to-date high of 44.10. Turkish Central Bank interest rate decision The Central Bank of the Republic of Turkey (CBRT) will be