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What is the oldest currency in the world?

The British pound has been used as England’s central currency for over a thousand years. Read about its evolution from a coin literally weighing one pound to the banknotes common today. We also rank the next three oldest major currencies: the yen, ruble and dollar.

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Weekly COT Report: Traders abandon the ruble, flock to gold and silver

Traders continued to pile into long bets on gold and silver last week, whilst offshore ruble speculators seemingly ran for cover.

Bank notes of different currencies

European Open: The Russian ruble turns to rubble, CBR hike rates to 20 pct

The Russian ruble was clobbered at the market open, with futures falling nearly -35% overnight.

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February 28, 2022 06:54 AM

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Asian Open: Wall Street continues to slide, Rouble nears 2-year low

It was a sea of red for US indices overnight, with the Dow Jones entering a technical correction and all three major benchmarks hitting multi-month lows.

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Russia: Let’s get ready to rouble

With an invasion of Ukraine seemingly underway, the Russian rouble is arguably Russia's first casualty.

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February 22, 2022 03:03 AM
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USD/RUB halts at resistance

The USD/RUB may be on its way to its technical targets

March 25, 2021 02:50 PM

EM Rundown: Could USDTRY bulls quit cold turkey?

Central banks will be traders’ central focus in the G10 this week, with monetary policy “decisions” out of the Federal Reserve, Reserve Bank of New […]

USD/RUB hits another all-time high – could we see 90.00 next?

When most FX traders think of the implications of oil prices, they think of the impact on the Canadian dollar, or if they’re of a […]

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January 21, 2016 08:03 PM

EM Rundown: Policymakers set the tone in China, Turkey, Russia, and Poland

As readers of our week ahead report know, it will be a very busy week for monetary policymakers in the developed markets, with potentially high-impact […]

EM Rundown: Where is inflation hiding and what does it mean for a potential EM meltdown?

When it comes to countries like the US and UK, policymakers are hyper-focused on inflation, waiting for any sign of rising price pressures to give […]

EM Rundown: What would a Fed rate hike mean for EM FX?

Thousands of gallons of virtual ink has been spilled on the market implications of the Federal Reserve’s monetary policy meeting decision on Thursda, and we’ll […]

EM Rundown: Geopolitical Risks Abound for USD/RUB and USD/TRY

For most asset classes, the panic-driven moves of last Monday have been erased, with EURUSD completing its 500-pip round trip, US equities actually closing higher […]

EM Rundown: The CBR’s “Signals by Omission”

There’s a decidedly risk-off tone to the markets on the first Monday of August, with the US dollar and bonds edging higher at the expense […]

Will there be another Ruble rout?

Back in Jan/ Feb the Ruble was under attack, USDRUB reached a record high of nearly 80.00, causing intervention from Russian officials and hasty rate […]

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July 31, 2015 03:05 PM

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