Unraveling the Strength of the Euro: Factors Driving its Rise
In recent years, the euro has exhibited notable strength, gaining value against other major currencies. This article explores the reasons ...
Copyright © 2024 mydayfinance.com
ADVERTISEMENT
Tag: monetary policy
monetary policy: find here fiscal and monetary policy at mydayfinance.com
The Best Day of the Week to Buy Euros: A Comprehensive Guide
For individuals planning a trip to Europe or engaging in international business transactions, timing the purchase of euros can have ...
Demystifying CHF in Switzerland: An Overview
The Swiss franc (CHF) holds a prominent position as the currency of Switzerland. Renowned for its stability and safe-haven status, ...
The Strength of the CHF vs. the USD: A Comparative Analysis
Currency strength is a crucial aspect of international trade and financial markets. The Swiss franc (CHF) and the US dollar ...
BOJ must stay accommodative; dollar/yen likely to rise
In the Asian session on Monday (May 22), USD/JPY first rose and then fell, temporarily reporting 137.76, a decrease of ...
Agency: RBNZ is expected to raise interest rates by 25 basis points at next Wednesday’s meeting
The New Zealand government's latest budget report showed that economic growth exceeded expectations, reducing the risk of a recession, which ...
Bullish for dollar, yen if no progress on U.S. debt ceiling
The Asian market opened on Wednesday (May 17), Beijing time, and the U.S. dollar index traded around 102. The U.S. ...
The Owners of BOC: A Comprehensive Analysis
The Bank of Canada is a vital financial institution that serves as the central bank of Canada. It was established ...
BOE hikes interest rate by 25 basis points
In the Asian session on Monday (May 15), GBP/USD fell to 1.2448, a drop of 0.00%. The Bank of England ...
An Overview of the Bank of Canada Overnight Rate
The Bank of Canada Overnight Rate is an important monetary policy tool used by the central bank of Canada to ...
Fed Eyes Banking Stress
In the Asian session on Thursday (May 11), the U.S. dollar index fell back from its high level. The latest ...
RBA assesses 4.8% rate peak in policy path
The Reserve Bank of Australia has considered an alternative policy path, with the key interest rate peaking at 4.8%, a ...
The Role and Functioning of the BOC: An Overview
The Bank of Canada (BoC) is one of the key institutions that shape the Canadian economy. As the central bank ...
Understanding BOC Prime Rate: You Need to Know
The Bank of Canada (BoC) is the central bank of Canada, responsible for formulating monetary policy, issuing currency, and regulating ...
Assessing the Euro’s survival to 2023 and Beyond
The Euro has been the official currency of the Eurozone since its introduction in 1999. However, in recent years, the ...
BOE to hike rates by 25 bps to curb UK inflation
In the Asian session on Wednesday (May 10), GBP/USD edged higher, tentatively at 1.2625, an increase of 0.02%. Analysts at ...
European Central Bank continues to raise interest rates
In the Asian session on Wednesday (May 10), EUR/USD rose slightly, temporarily reporting 1.0969, an increase of 0.08%. European Central ...
4 Factors Behind the Euro’s Strength
The euro has been on a steady rise in recent months, strengthening against major currencies such as the US dollar ...
Fed still on track to raise rates after several bank failures
In the Asian session on Monday (May 8), the U.S. dollar index fell back from a high, and the latest ...
Understanding the Central Bank of Canada: An Overview
The central bank of Canada, also known as the Bank of Canada, is an essential institution that plays a crucial ...
Recent Posts
AUD/USD Extends Gains Following Strong Labor Market Data and Fed Rate Cut
The Australian Dollar (AUD) continues its upward momentum against the US Dollar (USD), trading around 0.6750 on Thursday, as it...
MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.