MAD Insights of February 7th 2025
Key rate: ECB reduces its deposit facility rate to 2.75% The EUR/USD pair depreciated by -1.29% this week to 1.0362.
MAD Insights of January 31st 2025
Uncertainties over Trump's tariff measuresThe EUR/USD pair appreciated by +2.18% this week to 1.0497 from a more than 2 years low.
MAD Insights of January 24th 2025
The EUR/USD pair appreciated by +0.28% this week to 1.0273, a low of more than 2 years. The consumer price index in the United States rose to 2.9% in December after 2.7% in November.
MAD Insights January 17th 2025
The USD/MAD pair depreciated this week by -0.29% from 10.10 to 10.07.This evolution is explained by a negative market effect.This comes out at -0.36% in favor of the Dirham. The basket effect, for its part, comes out slightly positive at +0.07% as the Dollar strengthens internationally.
MAD Insights January 3rd 2025
The USD/MAD pair appreciated this week by +0.24%, from 10.06 to 10.09.This variation is due to a double positive effect. The basket effect came out negative at -0.14% as the EUR/USD parity was almost stable this week. The market effect, for its part, is positive this week at +0.38%.
MAD Insights December 24th 2024
The USD/MAD pair appreciated this week by +0.66%, going from 10.00 to 10.06.This evolution is due to a double positive effect. The basket effect comes out at +0.48% related to the appreciation of the Dollar against the Euro this week.
MAD Insights December 6th 2024
The USD/MAD pair depreciated this week by -0.57% from 10.06 to 10.00 after remaining above 10 MAD throughout the week.
MAD Insights November 29th 2024
USD/MAD pair appreciated this week by +0.79%, going from 9.98 to 10.06, a high of more than 6 months.This evolution is due to a positive basket effect. This comes out at +0.79% related to the appreciation of the Dollar against the Euro this week.
MAD Insights November 22nd 2024
The USD/MAD pair appreciated this week by +1.06%, up from 9.88 to 9.98, a 5-month high.This evolution is explained by a positive basket effect. It comes out at +1.22% after the appreciation of the Dollar against the Euro this week. The market effect comes out to be less significant at -0.16% in favor of the Dirham.