Losses and Gains in Foreign Exchange: An update on global currency

    Oct 26, 2020 @ 06:57 AM / by Morgan Grenier

    0 Comments

    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.

    Read More

    Ten Months Down, Two More to Go: 2020 Extremes in Fixed Rate Exchange

    Oct 14, 2020 @ 06:15 AM / by Morgan Grenier

    0 Comments

    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.

    Read More

    Managing Expectations During Market Volatility

    Jul 22, 2020 @ 03:18 AM / by Emily Stewart

    0 Comments

    Cost of living index adjustment is driven by changes in the purchasing power of an assignee in the host location. The purchasing power is based on both the exchange rate and inflation, relative between the home and host countries.

    Read More

    COVID-19's Third Wave: The most severe lockdown yet in Hong Kong

    Jul 17, 2020 @ 10:39 AM / by Andrew Morollo

    0 Comments

    On July 15th here in my hometown, Hong Kong enacted its most stringent Covid-19 lockdown to date. The number of cases here has continued to rise over the past ten days with many of the new infections are coming from unknown origins.

    Read More

    The worst currency performers in 2020

    Jul 02, 2020 @ 03:51 PM / by Morgan Grenier

    0 Comments

    2020 has been a year of historic economic upheaval. Shocks in the market have impacted trade, inflation, employment, national budgets—sparking an unprecedented global recession to which even stable economies are not immune.

    Read More

    What's happening with global currencies this month?

    Jun 05, 2020 @ 06:45 AM / by Morgan Grenier

    0 Comments

    While the COVID-19 pandemic continues to disrupt global markets, depreciation has slowed in many locations and some currencies are beginning to recover lost value. Let’s take a look at some notable currency movements of the past month.

    Read More

    Hong Kong: Protests and the Risks Ahead

    Jun 04, 2020 @ 08:15 PM / by Fred Schlomann

    0 Comments

    On 21 May 2020, the Chinese government proposed enacting a new law in Hong Kong on national security regulations, under the provisions of Annex III of its basic law. This proposal, while lacking many details, has created speculation and concern regarding the impact it may have on the political and business environment in Hong Kong.

    Read More

    What’s next for Hong Kong after COVID-19?

    May 08, 2020 @ 01:24 PM / by Fred Schlomann

    0 Comments

    On Sunday, May 3, Hong Kong recorded no new cases of COVID-19 and 14 days straight with no cases of local transmission. As the COVID-19 crisis has begun to abate in the city, the protests that rocked Hong Kong for many months have begun to resurge. The big question is “what’s next for Hong Kong?”

    Read More

    How is COVID-19 impacting global currency? [Update - April 24]

    Apr 24, 2020 @ 03:26 PM / by Morgan Grenier

    0 Comments

    The COVID-19 pandemic continues to wreak havoc in global markets. In addition to the economic impacts of national lockdowns, travel restrictions, rampant unemployment, slack demand for consumer goods and sharply reduced business activity, the volatility of the oil market has reached crisis levels. While OPEC members agreed to cut production in May and June by 23% earlier this month, oil futures have continued to fall and darken outlooks for the global market this month. Crude oil prices went negative for the first time in history this month due to deficient demand for oil and looming lack of global storage capacity.

    Read More

    Major Currencies See Appreciation: Just another week of volatility or early signs of COVID-19 recovery?

    Apr 17, 2020 @ 12:56 PM / by Morgan Grenier

    0 Comments

    AIRINC has been providing weekly updates to spot rates of major currencies on our COVID-19 landing page. The global spread of the COVID-19 pandemic and its economic impacts landed a major blow to the global economy last month, made worse in light of volatility in oil markets sparked by controversy within OPEC+. The result has been historic depreciation in even traditionally stable currencies and unprecedented uncertainty. The last week of March saw unprecedented depreciation. While year-to-date depreciation of many currencies remains high, several major currencies saw an appreciation bump last week between April 6-13.

    Read More