Disastrous data from the Polish industry weighs heavily on the zloty
The Polish zloty is weakening today in relation to major currencies, such as the euro or the dollar. The reasons for this state of affairs can be found in industry data, which worsened the sentiment around the Polish currency. Central Statistical Office data indicated that the new [...]
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April 2 2024
Masayoshi Son – a man who lost $70 billion and did not stop investing
Masayoshi Son is an example that investing can make you a fortune or get you into financial trouble. His story shows that even when you lose most of your wealth, you should not give up. During his investment [...]
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27 March 2024
The yen against the dollar was the weakest for a while since 1990
The USD/JPY pair today briefly reached its highest level since 1990, violating the peak from October 2022. Thus, at one point the USD/JPY rate was almost 152 yen per dollar.
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25 March 2024
Who will cut rates first? What will the week bring?
The past week on financial markets brought many - often surprising - monetary decisions by major central banks. The Bank of Japan, after 17 years of maintaining negative interest rates, recently decided [...]