Category Archives: Currencies

The Pound at Weakest Level against Currency Basket

Since the U.K’s vote to leave the European Union (Brexit) on June 23rd, the sterling was traded at 31-year low against the dollar and 6 year-low against the Euro.More serious, over the last four months, the repercussion of Brexit are … Continue reading

Posted in Currencies, Macro/Sector News | Leave a comment

Europe Bank Fears Jolt Swiss Franc

The Swiss National Bank has had a difficult time controlling its currency, the Swiss franc, for the past 6 months. The Swiss currency is considered a safe haven investment during times of market uncertainty. This is why the Franc jumped … Continue reading

Posted in Bank, Currencies, dollar, Forecasts, Forex, Franc, Swiss, Uncategorized | Leave a comment

Yuan/Renminbi Enters Elite Group of Currencies in the IMF

Yuan now becomes a global player in trade and finance with the inclusion of their currency in the International Monetary Fund. The IMF will now use the Yuan along with the Dollar, the Yen, and the Pound to officially lend … Continue reading

Posted in China, Christine Lagarde, Currencies, dollar, Economy, Euro, Forex, Global News, IMF, Inflation, Interest Rates, International Reserves, macro-economic, Pound, Renminbi, Uncategorized, Yen, Yuan | Leave a comment