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Fitch: Fed funds rate is expected to rise by 50 basis points to 4.5% in December.
Fitch: Fed funds rate is expected to rise by 50 basis points to 4.5% in December.
Read moreFitch: The Bank of England is expected to raise its benchmark interest rate by 50 basis points to 3.5% in December.
Fitch: The Bank of England is expected to raise its benchmark interest rate by 50 basis points to 3.5% in...
Read moreUSD/JPY extended its decline, fell more than 50 points in the short-term, and fell by 2.95% in the day.
USD/JPY extended its decline and fell by more than 50 points in the short term, with an intraday drop of...
Read moreIMF Managing Director Georgieva: The strength of the dollar is another major challenge
IMF Managing Director Georgieva: The strength of the dollar is another major challenge, and the dollar is now at its...
Read morePoland’s central bank governor Glapinski: data show a further slowdown in GDP in the third quarter.
Poland's central bank governor Glapinski: data show a further slowdown in GDP in the third quarter. CPI may still rise...
Read moreFed’s Harker: The U.S. economy is expected to grow by 1.5% in 2023 and the unemployment rate will peak at 4.5%.
Fed's Harker: The U.S. economy is expected to grow by 1.5% in 2023 and the unemployment rate will peak at...
Read moreSwiss National Bank official Maechler: Inflation remains high in Switzerland.
Swiss National Bank official Maechler: Inflation remains high in Switzerland.
Read moreCapital Economics: Sterling’s reaction to UK fiscal tightening expectations unclear
Capital Economics economist Ruth Gregory said in a note that the UK government appears set to unveil aggressive fiscal austerity...
Read moreFed’s Harker: 50bps rate hike still significant.
Fed's Harker: 50bps rate hike still significant. The Fed is expected to pause its tightening policy sometime next year. We...
Read moreIn the first three quarters, Shanghai’s social financing scale increased by nearly one trillion yuan, and RMB loans accounted for more than 60%
On November 8, the press briefing on "Shanghai Financial Operation in the First Three Quarters of 2022" held by the...
Read moreUSD/KRW fell 1.47% on the day, its biggest one-day drop since March 17.
USD/KRW fell 1.47% on the day, its biggest one-day drop since March 17.
Read moreSNB loses $143 billion in first nine months of this year
The Swiss National Bank lost 142.4 billion Swiss francs ($143 billion) in the first nine months of the year amid...
Read moreThe South Korean KOSPI index closed up 25.37 points, or 1.06%, at 2424.41 points on November 9 (Wednesday).
The South Korean KOSPI index closed up 25.37 points, or 1.06%, at 2424.41 points on November 9 (Wednesday).
Read moreSwedish Nordic Bank: Swedish house prices are expected to fall by 20% before leveling off in mid-2023.
Swedish Nordic Bank: Swedish house prices are expected to fall by 20% before leveling off in mid-2023.
Read moreCentral Bank of Kazakhstan: Kazakhstan’s foreign exchange market remains balanced and does not require intervention.
Central Bank of Kazakhstan: Kazakhstan's foreign exchange market remains balanced and does not require intervention.
Read moreTurkey says it has started paying some Russian gas bills in rubles
Turkish Energy and Natural Resources Minister Fatih said Turkey has started paying for some of Russian gas in rubles. Turkey...
Read moreRBA hikes interest rates for seventh time this year
The Reserve Bank of Australia (Central Bank) announced on the 1st that it will raise the benchmark interest rate by...
Read moreUSD/CAD fell below the 1.35 mark last week, the Bank of Canada will hike rates to a peak of 4.6%
In the Asian session on Wednesday (November 9), USD/CAD fell and was currently trading around 1.3440. As of 09:58 Beijing...
Read moreBOE to raise interest rates further, economic crisis still limits sterling gains
In the Asian session on Wednesday (November 9), GBP/USD fell and was temporarily reported at 1.1533, down 0.08%. Although the...
Read moreBank of England warns of two-year recession
In the Asian session on Wednesday (November 9), GBP/USD fell and was temporarily reported at 1.1533, down 0.08%. On November...
Read moreRecent Posts
Current RMB Exchange Rate: 118 Yuan to USD
Foreign exchange (FX) trading is a cornerstone of global financial markets, where the values of currencies are constantly fluctuating based...
Why is NZ Dollar Dropping Against AUD?
The currency pair of New Zealand Dollar (NZD) and Australian Dollar (AUD) has always been closely observed by foreign exchange...
Is New Zealand Currency Stable?
The New Zealand Dollar (NZD) is one of the more widely traded currencies in the world, reflecting the nation's open...
Current USD Exchange Rate: 30 US Dollars in Rupees
In the global economy, currencies hold immense significance in facilitating trade, investments, and international financial exchanges. Among these currencies, the...
What Do New Zealand Dollars Look Like?
The New Zealand Dollar (NZD), often abbreviated as NZD or simply called the Kiwi, is the official currency of New...
Current INR Exchange Rate: 20,000 Rupees to Dollars
In today’s interconnected world, foreign exchange (forex or FX) trading plays a significant role in the movement of currencies, whether...
Can You Use New Zealand Dollars in Australia?
The foreign exchange market is a dynamic and ever-evolving arena where currency values and exchange rates fluctuate continuously. As a...
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