The strong rise of the USD caused by the tight monetary policy of the Fed made emerging market currencies depreciate.
Daily Market Analysis
Usually, traders pay attention to major currencies such as USD, EUR, GBP and etc. But what about exotic currencies?
It’s not a secret that the New Zealand dollar has been suffering a lot.
On Thursday, July 26, the European Central Bank will hold a meeting.
The oil market is always highly volatile.
The situation in the economic world is unstable, however, the Japanese yen does not rise.
It’s not a surprise that the Brexit remains the main driver of the GBP.
The weakness of the USD supported the Canadian dollar.
The downward trend of the New Zealand dollar started in the middle of April 2018 and has been continuing until current days.
The Chinese yuan continues to depreciate…
It wasn’t a secret that the European Union Economic Summit that started on June 28 took place in the environment of political crisis.
The fall of the Turkish lira has been continuing for a long time.