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CADCHF Settles Below Resistance: Bearish Outlook for Today (March 3, 2025)
The CADCHF currency pair remains below the resistance level of the bearish channel at 0.6360, signaling the potential for a continuation of negative momentum....
GBPCHF Struggles to Maintain Upward Momentum – February 21, 2025 Forecast
The GBPCHF has encountered challenges in sustaining its upward momentum, with frequent consolidation below the 1.1420 mark dampening the potential for further gains. This...
NZDCAD Outlook: Bearish Trend Remains in Place – Forecast for February 18, 2025
The NZDCAD currency pair has recently experienced a short-term bullish correction, bouncing off the 50% Fibonacci retracement level at 0.8035. This rebound coincided with...
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EURCHF Registers Gains, Bullish Momentum Expected – February 12, 2025
The EURCHF currency pair has regained a bullish momentum after settling above key support at 0.9380. This...
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EURJPY Faces Further Losses – Forecast for February 10, 2025
The EURJPY pair continues its downward movement, recently dipping below 157.25 and surpassing the previous support level...
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AUDCAD Continues Bearish Trend – Forecast for February 10, 2025
The AUDCAD pair maintains its downward trajectory after confirming a breakdown below the 0.9115 resistance level. Recently,...
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How to Identify the Authenticity of 1953 3 Yuan Banknotes
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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?
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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?
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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...
Which economic data affects the dollar’s trend?
Which economic data affects the dollar's trend ? We will identify the five economic indicators that have the greatest impact on USD/EUR, benchmarked against...
how to calculate the dollar index
The calculation principle of us dollar index futures is based on the trade settlement volume between major countries in the world and the United...
dollar price definition
The benchmark price of USD is only available in major currencies , such as USD, GBP , EURO , JPY , HKD , etc....
Who is the picture on the pound?
In the UK, the Queen is the most noble symbol, so the obverse of all British pounds is Queen Elizabeth II, and the reverse...
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...
Factors for the devaluation of the pound
Factors for the devaluation of the pound First, the market expects that the Bank of England will cut interest rates ; Secondly, the current trade...
How many pennies are in a pound?
In the past, the old sterling coins were "shillings" and "pennys". £://www.reelfinancial.com/archives/tag/pound" target="_blank" rel="noopener" title="pound" data-wpil-keyword-link="linked">pound was changed to a hundred system, 1 pound...
What is the unit of pound sterling?
The unit of sterling is pounds and pence. The symbol of pound £ is derived from the digit name libra poundo, which is formed...
Introduction to British Pound Price
The benchmark price of the British pound is only available in major currencies , such as the us dollar, the euro, the Japanese yen,...