Us Dollar Depreciates
The US dollar dropped sharply during March and April on doubts about whether the US economy can expand enough to justify further significant rate hikes. Monetary policy was kept unchanged […]
The US dollar dropped sharply during March and April on doubts about whether the US economy can expand enough to justify further significant rate hikes. Monetary policy was kept unchanged […]
A notable increase in FX volatility has occurred in recent weeks, particularly among the major currencies. Sudden sharp movements affected the Japanese yen and the UK pound, albeit in opposite […]
The krone has traded at near three-year lows for much of the last three months (daily chart, next page). A partial recovery was staged in the first half of September, […]
Following some volatility in late June and mid-July, the renminbi has consolidated around 6.12/US$. Some observers have suggested that the trading band of the currency, currently set at +/-1% against […]
Signs of stabilisation in the euro zone provided some respite for the euro, which has appreciated almost 5.0% since end-June (see daily chart, next page). Its climb, however, follows on […]