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What is the RMB? Introduction to RMB

What is the RMB? RMB is the legal tender of the People's Republic of China, its abbreviation is RMB; Currency code: CNY; The currency symbol...

Analysis of the advantages of Bitcoin, what is Bitcoin used for?

Cryptocurrency is also a very hot currency today, and among the cryptocurrencies, Bitcoin is undoubtedly the leader, commonly known as the "king of coins",...

What is a Pivot Point in Forex Trading?

A pivot point in financial trading refers to a turning point or condition of a trend, a concept that applies equally to the foreign exchange...

Gold Demand Industry

Gold Demanding Industries: 1. Jewelry needs Gold jewellery is the largest source of annual gold demand in every industry. That number has declined in recent decades, but still...

How to Identify the Authenticity of 1953 3 Yuan Banknotes

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...

Is the Yuan a Safe Haven Currency?

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...

Fry Foreign Exchange Beginner’s Entry Trading Method

  Choose a trading strategy There are risks in the market, so be cautious when entering it. For beginners of currency speculation, there is a basic...

Fed continues to build momentum for aggressive rate hikes in July

On Thursday (July 7), the US dollar opened at 107.06 and closed at 107.07 yesterday. As of now, the highest has hit 107.13 and...

British political turmoil continues, sterling fell against the dollar

Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...

Investors bet euro to parity against dollar

On Thursday (July 7), the EURUSD opened at 1.0180 and closed at 1.0183 yesterday. As of now, the highest has touched 1.0189 and the...

The British pound has fallen 12% against the dollar in the face of internal and external troubles

Today on Thursday (July 7), the GBPUSD opened at 1.1924 and closed at 1.1920 yesterday. So far, the highest has touched 1.1930 and the...

Recession risk rises, gold prices edge up

In Asian markets on July 7, Beijing time, gold fluctuated above $1,740 an ounce in intraday trading, and the short-term gold price rose slightly....

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