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The Kenyan Shilling looks set to extend its multi-month selloff as the country's Eurobonds plunged in value and raised concerns Kenya's foreign exchange reserves are on course to dwindle to uncomfortable levels.
August 11,2023
Eye-watering Turkish Lira depreciation could be about to moderate according to new research from HSBC, even if headwinds continue to persist over the remainder of the year.
July 11,2023
The Swedish Krona sustained fresh losses following the Riksbank's latest effort to strengthen the currency with a more hawkish calibration of its monetary policy, leaving a bullish market to lift GBP/SEK from its June lows, though other factors more particular to Sterling could yet marr the outlook for the latter.
June 29,2023
Norges Bank surprised markets with a 'hawkish' policy decision Thursday, prompting a rally in the value of the Norwegian Krone.
June 22,2023
Pound Sterling fell widely in the midweek trading session but its heaviest losses came in relation to the Krona after a new record for one measure of inflation appeared to stoke concerns about what might become of the UK economy as the Bank of England (BoE) effort to return inflation to the target continues from Thursday.
June 21,2023
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