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What is the euro

what is the euro The Euro (Euro) is the currency of 19 countries in the European Union . The 19 member states of the euro are...

How does news affect the Forex market?

Global financial markets are closely linked through financial and macroeconomic statistics, and the foreign exchange market is no exception. Currency exchange rates - the...

What are the two categories of foreign exchange risk?

Foreign exchange risk ,also known as exchange rate risk, refers to the change in the local currency value of assets, liabilities, profits or expected...

Fundamentals of Cross Rates

The basic principle of cross exchange rate: to understand the cross exchange rate, we must first clearly understand the basic principle of currency exchange...

What are the effects of cross exchange rates on direct exchange?

What are the effects of cross exchange rates on direct exchange? When the direct exchange market fluctuates in a consolidation range, many transactions will turn...

Review of the 1992 Sterling Crisis

The European Monetary System was established by the European Council on December 5, 1978, and was formally established on March 13, 1979. Its essence...

Is international gold easy to do?

Spot Gold Advantages The value of gold is its own inherent and inherent "global hard currency", and has an immortal stability for thousands of years,...

The U.S. dollar index is a bellwether for the foreign exchange market

The U.S. dollar index is a bellwether for the foreign exchange market . The U.S. dollar index is similar to the Dow Jones Industrial...

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...

Today’s RMBUSD exchange rate query (July 5, 2022)

provides today's exchange rate quotations of RMB against the US dollar (July 5, 2022): category Latest price opening price yesterday's closing price RMBUSD exchange rates 0.1494 0.1493 0.1493 For more daily updates of...

Europe and the United States stand on the edge of stagflation, the European Central Bank raises interest rates or drags down the dollar

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...

Factors affecting the exchange rate of the pound

In the international foreign exchange market, the pound occupies an important speculative share among the eight major international currencies . To speculate on the...

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