archivecurrencies

A monetary surprise in the first half of the year, the Russian Ruble (RUB) has established itself as one of the world's best-performing currencies. A performance that may seem paradoxical for an economy under Western sanctions, deeply entangled in Vladimir Putin’s war in Ukraine and penalized by falling Oil exports.Behind this solid performance of the Ruble lies a more nuanced economic reality, one that may even give cause for concern in the medium term.A spectacular leap for the Russian RoubleThe Russian Ruble has soared in the first half of 2025,...

EUR/USD fluctuates in a narrow channel above 1.1700 on Monday.The near-term technical picture suggests that the bullish bias remains unchanged.Comments from central bankers could trigger the next big action in the pair.EUR/USD seems to have entered a consolidation phase above 1.1700 on Monday following the previous week's impressive rally. Euro PRICE This month The table below shows the percentage change of Euro (EUR) against listed major currencies this month. Euro was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -2.95% -1.39% 0.13% -0.98%...

The beginning of the week will be quite dynamic, with flash inflation releases in several CEE countries. In fact, June inflation numbers will be flowing throughout the week. On Monday, Croatia and Serbia will publish retail sales and industrial output growth in May. Serbia will also release its May trade balance. Later in the week, trade data will be published by Hungary and Slovenia. Hungary will also release industrial production in May at the end of the week. On Wednesday, Poland’s central bank is to hold a rate-setting meeting; we...

Deutsche Bank's Mapping the World's Prices report provides a fascinating overview of the cost of living in the world's major metropolises. This year's edition, published on June 24, covers more than 69 cities and highlights striking dynamics in the cost of living and the crucial role of currencies in the hierarchy of the world's cities.Let’s take a closer look at where life is cheapest, where it’s painfully pricey, and how currency movements are drawing the map.Most expensive metropolises: A matter of strong currenciesThe United States and Switzerland dominate almost every...

Some of emerging Asia’s biggest central banks look to be dialling back their interventions in the currency market.The central banks of India and Malaysia have reduced the size of some derivatives positions they use to weaken their currencies. Taiwan has allowed its currency to surge against the US dollar in recent weeks and dropped hints it would be comfortable with more if the moves were “orderly”. South Korea’s giant national pension fund has ended its five-month support of the won.A major reason for these moves is a simple change in...