Traders trying to buy the dip in Mexico’s peso can’t catch a break. Tweet on the Pesos slide Peso Slide deepened more than 3% against the dollar this week and almost 14% inRead More
Strong US durable goods orders boost dollar, weighs on EM FX Emerging equities rise in tandem with global markets Tweet on Emerging currencies vs US dollar Emerging Currencies Dip as Dollar Strengthens onRead More
The Russian ruble surged as traders anticipated further action by policymakers to lift the beleaguered currency’s value. The ruble rose roughly 5% against the dollar and the Chinese yuan. Tweet on rouble swingsRead More
The U.S. dollar fell Friday as a weaker-than-expected jobs report pushed down Treasury yields. The WSJ Dollar Index, which tracks the dollar against a basket of foreign currencies, lost 0.7% in a declineRead More
The dollar is gaining as 2023 gets underway! The WSJ Dollar Index, which measures the greenback against a basket of currencies, climbed Tuesday, with the dollar making sizable advances against the euro, theRead More
The British pound slid to its lowest level against the U.S. dollar since 1985! A mere reflection of the U.K.’s dire economic situation. Investors are braced for sterling to weaken even further toRead More
