The Swedish Krona outperformed all other major currencies in the penultimate session of the week, pushing the GBP/SEK exchange rate back toward its late March lows and in the process jeopardising Sterling's 2021 uptrend after the Riksbank sought to confront a growing inflation problem.
April 29,2022
The Chinese Renminbi has probed below a notable level on charts in its largest weekly fall since March 2020, drawing attention from the speculative market that could soon make relevant the following insight from a former member of the People’s Bank of China (PBoC) monetary policy committee.
April 22,2022
The Renminbi has begun to ease lower against the Dollar following a 22-month rally and this week’s price action has prompted RBC Capital Markets and BNP Paribas to advocate that clients of the two banks buy USD/CNH in anticipation of a further climb during the weeks and months ahead.
April 20,2022
Global market rebound, NBP policy rejuvenates PLN, roaring reverses much of GBP/PLN, USD/PLN rallies.
March 9,2022
Ukraine invasion & sanctions a mortal threat to RUB, sheds roughly half value Vs USD, GBP, EUR thus far.
March 3,2022
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