Back to blog

Major Currencies in 2023 and Future Expectations

As inflationary pressures continue to subside, major currencies of the world’s superpowers are on the course of stability. Central banks have recurrently hiked interest rates to destimulate red-hot economies which have been scorched by macroeconomic instability and growing concerns of imminent recessions.

Major Currencies in 2023 and Future Expectations

After soaring to record highs before the winter of 2022, the US dollar greenback has gone through a downward trend to surpass seven-month lows as of mid-January of 2023, the Euro and Great British Pound are retrieving value lost in the red sea of inflationary wounds and both the Chinese yuan and Japanese yen have exhibited resilient growth.






Read more