Pound on track to be one of the best-performing currencies in 2024
The GBP/USD currency pair hit a two and a half year high of $1.32 earlier this year on 27 August, with analysts expecting the strong…
Why has the euro rallied to a 13-month high against the dollar?
The euro has surged to a 13-month high against the dollar, benefiting from four weeks of gains as the Federal Reserve signals upcoming rate cuts.…
Pound remains on course for worst run of losses in almost a year
The currency could potentially be further weakened if the Bank of England chooses to implement more rate cuts this year. ADVERTISEMENTSterling could potentially be on…
Norwegian tourism gets boost as weaker Kroner draws visitors
The depreciation of the Norwegian kroner has made the famously expensive Nordic country a more affordable destination for tourists, increasing spending and benefiting local businesses.…
Iran refuses to recognise national currency’s fall in free markets
The Iranian rial has plunged rapidly against the dollar ever since the Israel-Hamas war led to increased worries of a direct US-Iran confrontation. ADVERTISEMENTIran’s national…