Steady Pace of Ruble Depreciation Predicted by Commerzbank: Unravel the Implications Now!
Russian Ruble Depreciation: A Medium-Term Forecast In the ever-rotating wheel of global economy, the value and relative strength of a currency is always subject to change. Today, we delve into the projected trajectory of the Russian Ruble, and why it is likely to see depreciation in the medium-term. From a recent study conducted by economists […]
Staggering 375% Surge in US Money Supply Yet Dollar Reigns Supreme for Global Transactions!
The Impact of Pandemic-Induced Stimulus Measures on the United States Economy In response to the economic effects caused by the global COVID-19 pandemic, the U.S Government took radical measures, leading to the central bank printing nearly 80% of all existing dollars since 2020. The enormous increase in money supply has had severe impacts on the […]
“NZD/USD Dips Looming: UOB Warns Against Dismissing Prospect of Further Weakness”
The New Zealand Dollar (NZD) to the United States Dollar (USD) pair is facing a potential decline in the near future, as stated by United Overseas Bank (UOB) Group’s Economist Lee Sue Ann and Market Strategist Quek Ser Leang. Their evaluation is based on the NZD/USD movement in the foreign exchange market and the factors […]
“Bitcoin’s Currency Viability Debate: Industry Experts Clash Over Crypto’s Role & Risks”
Dogecoin Co-Founder Says Bitcoin is ‘Terrible as Currency’: The Argument with CZ Explored in Detail In recent times, the world of cryptocurrencies has witnessed a flurry of controversies and debates, with renowned experts and industry players continuously expressing their views on the future of digital currencies. Among these, Bitcoin has been a hot topic, especially […]
“USD/JPY Bounces Back Above 131.00 Despite Lower Yields and Recession Fears”
USD/JPY is currently consolidating intraday losses around 131.20 as the US Dollar defends the previous day’s rebound from a two-month low heading into Thursday’s European session. However, the Yen pair remains on track to reverse last week’s gains amid downbeat Treasury bond yields. A possible monetary policy divergence between the Bank of Japan (BoJ) and […]