Tag: currencies
How to Identify the Authenticity of 1953 3 Yuan Banknotes
jack wei -
The 1953 three-yuan note is a very rare renminbi in the second set of RMB , and it is the only one in China with a denomination of...
What is Offshore RMB?
jack wei -
Offshore RMB (CNH) is a transitional institutional arrangement before RMB is convertible under capital account. The Capital Account is for the CurrentAccount. Both are...
Is the Yuan a Safe Haven Currency?
jack wei -
In the wake of the conflict between Russia and Ukraine, the renminbi initially appeared as a safe-haven currency, but it was only an atypical...
Yen cautiously sees further upside
Today on Tuesday (July 5th), the dollar and yen opened at 135.66 and closed at 135.69 yesterday. So far, the highest has hit 136.36...
EURUSD near five-year low amid recession fears
Today on Tuesday (July 5th), the euro and the dollar opened at 1.0422, and closed at 1.0423 yesterday. So far, the highest has touched...
Markets have lowered expectations for U.S. rate hikes, dollar rises
Today on Tuesday (July 5th), the us dollar opened at 105.20 and closed at 105.18 yesterday. So far, the highest has touched 105.21 and...
Stocks or cryptocurrencies, which is safer?
Both stocks and cryptocurrencies are safe if you are aware of the risks and consciously deal with them. Cryptocurrencies vs Stocks, Is One Riskier Than...
Is cryptocurrency a good investment in 2022?
If you are considering investing in cryptocurrencies, you must be familiar with the risks and rewards of the cryptocurrency market. Whether crypto currencies are good...
Do cryptocurrencies work the same as stocks?
Investing in stocks is not the same as investing in cryptocurrencies. However, both have their advantages and disadvantages. Both crypto currencies and stocks are used...
What are shuffled transactions and money laundering in NFTs?
1.What is cryptocurrency wash trading? Wash trading is when a trader or investor buys and sells the same security multiple times in a short period...
What is Total Value Locked (TVL) in cryptocurrencies and why does it matter?
1.What does total locked value mean? Since the boom in decentralized finance (DeFi) in 2020, financial market experts have adapted to a new type of...
Why does the dollar strengthen in bad times and good times?
Ever wonder why the us dollar strengthens in bad times and good times? Well, others have similar doubts. In fact, a smart brother who...