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The Ruble Hitting a 7-Year High Against USD is a Problem For Russia
/ Forex

The Ruble Hitting a 7-Year High Against USD is a Problem For Russia

The Ruble keeps gaining against the USD as Russia's economy shrinks. What is really happening?

June 21, 2022
FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile

FX Trading Volume Jumps 5% YOY as Currencies Become More Volatile

Average FX trading volume has reached record levels as the war in Ukraine as well as rate hikes keep the forex market volatile.

May 19, 2022
GBP Plunges as Bank of England Hikes Interest Rates By 25 Basis Points

GBP Plunges as Bank of England Hikes Interest Rates By 25 Basis Points

The Bank of England raises interest rates to a 13-year high, with inflation expected to hit 10%, meanwhile, the Pound Sterling is weakening against other currencies.

May 06, 2022
Japanese Yen Falling 14% to 20-Year Low Signals a New Era For Forex Trading

Japanese Yen Falling 14% to 20-Year Low Signals a New Era For Forex Trading

The global market may be set for a shift as the Yen maintains a steady decline amidst a bolstering USD.

April 29, 2022
Russia Very Likely to Default on Foreign Debt: $6B Worth of CDS Contracts Can be Triggered

Russia Very Likely to Default on Foreign Debt: $6B Worth of CDS Contracts Can be Triggered

Sanctions imposed by the west make it highly unlikely that Russia will be able to honor its debts.

April 11, 2022

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