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The yuan experienced a significant decline across both onshore and offshore markets in Asia, reaching its lowest level since November....
Read moreAshish Sinha, Co-Head of Asian FX and Rates Strategy at Bank of America, has remarked that it's not yet the...
Read morePatrick Munnelly, a market analyst at TickMill Group, has indicated in a report that it is expected for the policy...
Read moreThe dollar has surged in response to the release of disappointing Chinese economic indicators, which have fueled worries about global...
Read moreJapanese Finance Minister Shunichi Suzuki clarified on Tuesday that authorities are not fixated on specific absolute currency levels when considering...
Read moreAs the yen slipped below 145 per dollar, drawing minimal response from Japanese policymakers in recent days, speculations arose about...
Read moreThe yuan declined by 0.4% to 7.3079 against the dollar, dropping as far as 7.3125 per dollar in offshore trading....
Read moreThe British pound advanced against the US dollar on Tuesday, driven by data revealing a historic surge in UK wages...
Read moreJens Naervig Pedersen, Head of Foreign Exchange and Rate Strategy at Danske Bank Research Center, has stated that robust US...
Read moreBeijing — The Chinese yuan faced a decline of 0.3%, pushing the USD/CNY exchange rate to 7.2550, as the yuan...
Read moreThe yen fell to its weakest level against the dollar since November last year, approaching an area where Japan intervened...
Read moreHedge funds had reached their highest level of bullishness on the Australian dollar so far this year. According to the...
Read moreGBP/USD could face downside risks this week despite the dollar's strength, as leveraged traders increase their net-long positions. If the...
Read moreMUFG said Japan's shift to a trade surplus over time would be a "key" factor supporting the yen's exchange rate....
Read moreOn August 9, the spot exchange rate of the onshore RMB against the US dollar stopped the rapid decline in...
Read morePhilip Wee, FX strategist at DBS Bank, said that if upcoming economic data, the minutes of the RBA's August meeting...
Read moreAccording to CITIC Fixed Income Analysis, since the beginning of this year, as the Fed’s interest rate hike has gradually...
Read moreEconomists at Danske Bank expect the Bank of England to raise interest rates by 25 basis points on Thursday, which...
Read moreThe Reserve Bank of Australia left its benchmark interest rate on hold on Tuesday after cooling inflationary pressures and weak...
Read moreEconomists at Societe Generale said they were bearish on GBP/USD and bullish on EUR/GBP due to August seasonality. Suspense over...
Read moreIndia's currency landscape has witnessed significant transformations over the past decades, most notably through demonetization initiatives that have profoundly impacted...
Currency notes play a pivotal role in every economy, serving as a medium of exchange, a store of value, and...
Currency conversion is a common activity in foreign exchange (Forex) trading, especially when dealing with two widely traded currencies like...
In today’s globalized world, currency exchange plays an essential role in facilitating trade, investment, and travel. The exchange rate between...
India, with its vibrant economy and diverse population, is a major player in the global financial landscape. Whether you're visiting...
The Indian Rupee (INR) is the official currency of India, and it plays a significant role in the global financial...
Foreign exchange (Forex or FX) trading involves the buying and selling of different currencies in a highly liquid market that...
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Copyright © 2024 mydayfinance.com 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.