Hubpay FX Weekly Report - 21st January 2025

Hubpay FX Weekly Report - 21st January 2025

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发布日期: 2025年1月21日
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Markets steadied as investors awaited Donald Trump’s inauguration, with a “wait and see” approach dominating the week. The US Dollar stabilized, while the Rand, Australian Dollar, Euro, and Yen gained. Conversely, Sterling weakened, impacted by poor retail sales data. Expect volatility in the coming days as Trump outlines his first policy steps.

Key Stats:

  • US Dollar: Dollar index down 0.2%, hovering near November 2022 highs.
  • Renminbi: Depreciated by 0.11%, closing at 7.31 against the USD.
  • Indian Rupee (INR): Weakened by 0.47%, hitting a low of 86.6475.
  • Naira: Weakened slightly, sitting at 1548 to the dollar.
  • Euro: Rose 0.4% against the USD, finishing at 1.027.

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Hubpay Weekly FX Report

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Ibrahim Aminu

Local and Cross border Payments

1 个月

An eye opener, the days ahead seem very interesting

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Ben M.

Growth| Account Management |Enterprise/B2B sales|Business Development |Ecommerce |Digital Solution Expert |Digital Payments |Banking |Business Development | Sales|Payment as a Service and Software(SaaS/PaaS)

1 个月

Great insights..

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