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Currency markets

The worst may be over for China, says former FTSE chief

by Adrian Jhonsan
The worst may be over for China, says former FTSE chief

Photo taken on Aug. 19, 2021 shows a stock market trend, Shiyan, Hubei Province, China. Costfoto | Barcroft Media | Getty Images China may continue to see some market volatility …

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Sterling had its worst month for a year — and it may fall further

by Adrian Jhonsan
Sterling had its worst month for a year — and it may fall further

U.S. dollar bills, British GDP and Euro currency bank notes are pictured on September 27, 2022 in Bath, England. Matt Cardy | Getty Images News | Getty Images LONDON — …

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Russian ruble weakens past symbolic threshold of 100 against the dollar

by Adrian Jhonsan
Russian ruble weakens past symbolic threshold of 100 against the dollar

A woman looks at a board showing the rates of dollars and euros against the ruble in front of the exchange office on February 19, 2023, in Moscow, Russia. Russia’s …

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Heed the Russell 2000’s warning

by Adrian Jhonsan
Heed the Russell 2000’s warning

Traders work on the floor of the New York Stock Exchange during afternoon trading on September 26, 2023 in New York City. Michael M. Santiago | Getty Images News | …

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Sam Bankman-Fried opposes Ukraine FTX victim testifying remotely

by Adrian Jhonsan
Sam Bankman-Fried opposes Ukraine FTX victim testifying remotely

Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside the Manhattan federal court in New York City, U.S. March …

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Bank of England ends run of 14 straight interest rate hikes

by Adrian Jhonsan
Bank of England ends run of 14 straight interest rate hikes

LONDON — The Bank of England on Thursday ended a run of 14 straight interest rate hikes after new data showed inflation is now running below expectations. The Bank had …

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Turkey’s central bank hikes interest rate to 30%

by Adrian Jhonsan
Turkey’s central bank hikes interest rate to 30%

Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank hiked …

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India oil minister Hardeep Singh Puri

by Adrian Jhonsan
India oil minister Hardeep Singh Puri

Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle …

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China’s PBOC intervenes after yuan hits 16-year high against greenback

by Adrian Jhonsan
China’s PBOC intervenes after yuan hits 16-year high against greenback

Photo taken on Aug 17, 2023 shows US dollars and Chinese yuan in Fuyang city, East China’s Anhui province. Nurphoto | Nurphoto | Getty Images The People’s Bank of China …

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Yen breaches 145 level against USD, raises expectations BOJ may intervene

by Adrian Jhonsan
Yen breaches 145 level against USD, raises expectations BOJ may intervene

Japanese yen and U.S. dollar banknotes are arranged for a photograph in Tokyo, Japan. The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday, propelled by …

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