The COVID-19 Delta variant is widespread in several regions, particularly in Southeast Asia and various parts of Africa. The fear of a second economic lockdown negatively impacted many currencies as countries decide whether to impose further restrictions on the public.
Central Banks in many countries adjusted their policy to combat inflation as product prices around the world begin to increase. Countries with increased interest rates have seen an appreciation with their currency.
The reopening of economies and industry has helped many countries improve their economic outlook as trade resumes. Civil unrest is negatively impacting some countries that are experiencing conflict between the public and government
There has been movement in the foreign exchange markets due to the reopening of economies and political action within and between governments. Many countries are showing signs of stability and strength...
Movement Continues in the Foreign Exchange Market - This movement is caused by a rise in pandemic cases, hyper-inflation, recovery of oil prices, and more. Below are AIRINC’s summaries of the rate changes above 3.5% taken from our review last week.
2021 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.
2020 proved to be a year of unprecedented social, political, and economic turbulence. Though the onset of the COVID-19 vaccine rollout and the change of Administration in U.S. have inspired some hope that a return to “normal” life is possible in the foreseeable future, many markets remain turbulent.
Looking back to the world of a year ago, open borders, naked faces and all-you-can-eat buffets feel remarkably foreign. In December 2019, few of us could have predicted how volatile the upcoming year would be.
2020 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.
2020 has been a devastating and unpredictable year for the global economy as we wade through the deepest global recession since the Second World War. Widespread lockdowns, the oil price war rolling into the collapse of demand, and the devastation of hospitality and tourism industries have all created an unprecedented and uncertain start to the second decade of the 21st century.
