USD/RUB Rises As Reserves Dip, World Bank Forecasts 11% Contraction in Russia
The Russian ruble is slightly weakening to kick off the trading week, although the currency is hovering around its pre-invasion level. The ruble has held…
Posts Tagged: Current Account
CAD/JPY Inches Higher Ahead of Japan’s Merchandise Trade Balance
The Canadian dollar (CAD) has begun to recover against the Japanese yen since last month (JPY). The currency pair is currently trading at 91.17, and…
CAD/JPY Inches Lower Ahead of the Q3 Current Account
The Canadian dollar (CAD) lost ground against the Japanese yen (JPY) on Wednesday, falling below 91.00. Before the release of big economic news, the price…
GBP/JPY Rises Before the Release of Japan’s Current Account
On Monday, the British Pound (GBP) strengthened against the Japanese Yen ( JPY), sending the GBPJPY pair above 151.00 ahead of Japan’s Current Account report….
USD/MXN Falls on Better-Than-Expected Q1 GDP Growth
The Mexican peso turned positive against its US counterpart in the middle of the trading week, buoyed by better-than-expected economic growth in the first quarter….
USD/TRY Tests 8.30 As Inflation Concerns Weigh on Lira
The Turkish lira is sliding again against its US counterpart on Tuesday, despite better-than-expected economic data. Foreign exchange markets are continuing to be bearish on…
CAD/JPY Inches Lower Amid Bearish Data of Net Change in Employment
While running on the successful path for the last two weeks, today, on the first day of the week, the CADJPY depreciated on the graph….
GBP/JPY Rise Ahead of Japanese Current Accounts News
The Great Britain Pound (GBP) inched higher against the Japanese Yen (JPY) on Friday, increasing the price of the GBPJPY pair to more than 140.00,…