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Analyst: USD/JPY Drop Won’t Last Long
Decisions by the Federal Reserve and the Bank of Japan later this month will end the dollar's slide against the...
Read moreWhy is the Euro Weak Against the Dollar? A Comprehensive Analysis
The foreign exchange market plays a critical role in global trade and economic stability, with currencies fluctuating in value relative...
Read moreNBF: Euro to Weaken as ECB Policy Expectations Evolve and Dollar Appreciates on Safe-haven Demand
Economists at NBF said the euro made some progress last month, gaining 2 cents. EUR/USD has since stabilized at levels...
Read moreLian Ping: USD/RMB Exchange Rate May Fall after Peaking in the Third Quarter
Lian Ping, Chief Economist and Director of the Research Institute of Zhixin Investment, said today that the exchange rate of...
Read moreGBP (1.2754, 0.0051, 0.40%)/USD on July 6
The pound fluctuated and went down yesterday, the daily line closed down slightly, and the current exchange rate is trading...
Read moreEUR/USD on July 6
The euro fluctuated and went down yesterday, and the daily line closed down slightly. The current exchange rate is trading...
Read moreAnalyst: Stronger U.S. Data Could Cause EUR/USD to Fall Below 1.08
Market analyst James Skinner said the euro entered the new week near two-month highs against the dollar but quickly lost...
Read moreRMB Exchange Rate Fluctuates Sharply, and the Market Calls for Rich Derivatives Instruments
In recent days, the exchange rate of RMB has fluctuated greatly. The exchange rate of offshore RMB against the US...
Read moreCommerzbank: EUR/USD Showed an Unusual Mean-reversion Trend in the First Half of the Year
Economists at Commerzbank said EUR/USD exhibited an unusual mean-reversion trend in the first half of the year. Just in case...
Read moreMultiple Factors have Boosted the Continuous Rise of the RMB Exchange Rate, Whether the RMB Exchange Rate will Change in the Short Term Still Needs to be Confirmed
The central parity rate of the RMB exchange rate in the interbank foreign exchange market announced by the China Foreign...
Read moreNomura: The Euro will Rise Steadily towards 0.88 against the GBP by the End of This Year
Economists at Nomura expect markets to have shifted away from carry-based trades and are now more focused on growth expectations,...
Read moreChina Merchants Securities: There is a High Probability that the RMB Exchange Rate will Return to the Appreciation Channel in the Second Half of the Year
According to a research report released by China Merchants Securities, the RMB exchange rate is already at the end of...
Read moreChina Financial Times: The Stability of the RMB Exchange Rate is Supported by Solid Fundamentals
According to China's "Financial Times", industry experts believe that factors such as changes in interest rate differentials brought about by...
Read moreYesterday Global Stock Market Review (June 30)
Asian stocks 1. On June 29 (Thursday), China’s Shanghai Composite Index closed down 6.99 points, or 0.22%, to 3182.38 points;...
Read moreJapan’s Tokyo June Core CPI Data Misses Expectations, YEN Weakens
The yYEN weakened against most G-10 and Asian currencies in early trade after core CPI in Tokyo rose 3.2% year-on-year...
Read moreRMB Exchange Rate Fluctuations are Controllable and there is no Basis for Continued Depreciation
Cai Tongjuan, a researcher at Renmin University of China, pointed out that the current round of RMB exchange rate fluctuations...
Read moreJPY/USD Fell to 145, or Has it Approached the Level of Japanese Intervention?
The yen fell below 145 per dollar for the first time since November, close to the level last year when...
Read moreBank of America: If the Fed does not Cut Interest Rates By the End of 2024, USD/YEN May Reach 160
Bank of America strategists Shusuke Yamada and Izumi Devalier, among others, said that if the Fed does not cut interest...
Read moreCentral Parity of RMB Exchange Rate in the Interbank Foreign Exchange Market (June 29, 2023)
USD/RMB reported at 7.2208, up 107 points (RMB depreciation); EUR/RMB reported at 7.9167, up 168 points; HKD/RMB was at 0.92183, up...
Read moreUnderstanding the Exchange Rate: British Pounds to US Dollars
The exchange rate between currencies is a vital factor in international trade, travel, and financial transactions. For individuals and businesses...
Read moreRecent Posts
Has the Russian Ruble Gone Up in Value?
The value of the Russian ruble has been a focal point of discussions in the global financial markets, particularly in...
Is the Ruble a Hard or Soft Currency?
The Russian ruble (RUB) has long been a subject of debate among economists, policymakers, and foreign exchange traders. As the...
Current RUB Exchange Rate: 200 Rubles to Euro
Foreign exchange (forex) trading is a dynamic financial activity where traders speculate on currency fluctuations to generate profits. The exchange...
Current RUB Exchange Rate: 100,000 Rubles to Euro
The foreign exchange (Forex) market is one of the most dynamic and liquid financial markets globally, where currencies fluctuate based...
Is Russian Currency Floating?
In the world of foreign exchange (FX) markets, the question of whether a country's currency floats or is pegged plays...
Is the Russian Ruble Freely Convertible?
The Russian ruble, one of the world’s oldest and most established currencies, has long been a subject of intrigue and...
Current RUB Exchange Rate: 1000 Russian Rubles to Euro
The Russian ruble (RUB) and the euro (EUR) are two prominent currencies in the foreign exchange (forex) market. The exchange...
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