The Indian rupee has bounced back in the past two weeks, making it one of the top-performing currencies in the emerging market. The USD/INR exchange rate ended the week at 87.98, down by over 1% from its highest point this year. Still, it remains about 5% above the lowest level this year. The Indian rupee
The Russian ruble has rebounded this year, becoming one of the best-performing currencies. The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in January. Russian Ruble waits for central bank decision The Russian ruble will be in the spotlight this week as the country’s central bank
The USD/CAD exchange rate held steady and reached its highest level since April 11. It was trading at 1.4060, up by 3.87% from its lowest point this year as focus now shifts to the Canadian and US inflation data and Bank of Canada (BoC) and Fed decisions. Canada inflation data and BoC decision The USD/CAD
The Argentine peso continued its freefall as traders focused on the upcoming elections in the country and interventions by Donald Trump and his administration. The USD/ARS exchange rate was trading at 1,500 for the first time ever. It has now jumped by 45% this year making the peso the worst-performing currency. Argentina election and US
The USD/ZAR exchange rate has remained in a tight range in the past few months as the recent crash faded. It was trading at 17.40 on Friday, up slightly from the year-to-date low of 17.06. It remains 12.7% below the highest point this year. South Africa inflation data and SARB decision The South African rand
The USD/JPY exchange rate rose for six consecutive days after the latest Japan inflation data and as traders reacted to the upcoming US figures. It rose to a high of 152.80, its highest level since October 9 this year. It has now jumped by over 9.17% from its lowest level this year. Japan inflation and
The USD/JPY exchange rate moved sideways as traders focused on the upcoming Federal Reserve and Bank of Japan (BoJ) interest rate decision, and after the first meeting between Donald Trump and Sanae Takaichi, the new Japanese prime minister. It was trading at 152.43, up from the year-to-date low of 139. Trump and Sanae Takaichi meeting
The Bank of England on Thursday decided to keep its benchmark interest rate unchanged at 4%, marking the first pause in its gradual rate-cutting cycle since August 2024. The nine-member Monetary Policy Committee (MPC) voted 5-4 in favour of holding rates steady, with the narrow split underscoring the growing divergence among policymakers on how to
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Circle stock price has been in a strong freefall in the past few months, a situation that accelerated after it published its second quarterly results as a publicly traded company. It plunged to a low of $86, down sharply from its all-time high of $300. This plunge has brought its market cap to $19.9 billion,