Currencies

The Turkish lira is down by 14% against the dollar this year and has been trading above the ₺8/€1 level for the first time in two years. 

The US dollar – usually considered a traditional “safe haven” refuge – suffered its worst monthly performance in nearly a decade last month as risk-av…

China has steadily been building “a renminbi-based international payments system", says Charles Gave, founding partner and chairman of Gavekal.

The EU is meeting to discuss issuing common debt backed by all member states. That’s a big change, says John Stepek, and could have far-reaching effec…

The euro isn’t the continent’s first flawed single currency, says Jonathan Compton. The Latin Monetary Union lasted 61 years.

Soaring debt levels and the failure of America to manage the Covid-19 crisis is undermining trust in the world’s reserve currency. 

A weak pound and strong dollar are unlikely to keep bolstering returns for British investors over the next decade.

Some analysts have suggested that sterling's volatility makes the pound "more like the Mexican peso than the US dollar". John Stepek asks whether this…

With US employment data coming in much better than expected, John Stepek looks at how that’s affected the charts that matter most to the global econom…

The fragile state of the eurozone has for a long time brought the threat of deflation. But the ECB’s latest moves have dampened those fears. John Step…

Cryptocurrency bitcoin has just hit a milestone, where the rate of new coins being produced halves. Dominic Frisby explains what that means.

The cryptocurrency suffers from all the problems it has always had and that may never change. But digital currencies more broadly may be about to take…

In a week when all sense of what's normal went out the window, John Stepek looks at what's happened to the charts that matter most to the global econo…

The EU has failed to convince anyone that it has either the will or the tools to keep the eurozone together in the face of the coronavirus epidemic.

In times of crisis, everyone wants cash. But not just any cash – they want the US dollar. John Stepek explains why the rush for dollars is putting a b…

The euro has been in a bear market against the US dollar for two years now. And on a broader scale since 2008. A decline like that is telling us somet…

On Brexit Day, there’s only one currency pair to look at, says Dominic Frisby – the pound and the euro. Will sterling continue to strengthen, or will …

Since the 2008 financial crisis, the euro has been in a steady decline against the US dollar. That's likely to continue, says Dominic Frisby. Here's h…

The New Zealand dollar has been doing well against the US dollar in recent months, but has started to wobble a little. Is it still a buy? Dominic Fris…

The US dollar could be set to weaken this year, while the euro, Canadian dollar and the Swiss franc could be good bets for optimistic traders.

In the month in which we should finally leave the European Union, Dominic Frisby takes a look at the pound vs the euro and asks just how high sterling…

Markets have been in two minds about the US dollar. But that could soon change, says Dominic Frisby. And it may have some big surprises in store for 2…

At the end of an eventful year, John Stepek casts his eye over the charts that matter the most to the global economy.