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EUR/USD Price Forecast Update – December 20, 2024

The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...

EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)

The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing the first correctional target at 161.10. The...

EUR/USD Forecast – December 16, 2024

The EUR/USD pair is currently displaying a slight bearish bias, with stochastic indicators in the overbought zone. This may prompt further price declines throughout...

GBP/USD Forecast Update – December 13, 2024

The GBP/USD pair continues to display signs of further downside movement, reinforcing expectations for the persistence of...

EURJPY Reaches Target, Bullish Momentum Expected to Continue – Forecast for 12-12-2024

The EURJPY currency pair resumed its upward momentum yesterday after testing the extended support line at 158.80,...

CADCHF Shows Signs of Reversal, Eyeing Bullish Correction – Forecast for 11-12-2024

The CADCHF pair gained upward momentum this morning, surpassing the previously broken support level of 0.6203 and...

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$10,000 face value picture

The obverse of the $10,000 is a portrait of U.S. Treasury Secretary Salmon Portland Chase (1808-1873). On the back is the denomination "10000" in lowercase.  The...

$5000 face value picture

The front of the $5,000 is a portrait of Madison (Madison, 1751-1836), the "father of the U.S. Constitution" and the fourth president. On the back...

$1000 face value picture

On the front of the $1,000 is the portrait of the 22nd and 24th U.S. presidents, the only president who had two separate terms,...

$500 face value picture

On the front of the $500 coupon is the "Prosperity President", a portrait of the 25th President of the United States, William McKinley (1843-1901). On...

What are the seven characters on the Renminbi?

On the fifth set of RMB banknotes in circulation at present, besides Chinese characters and pinyin, there are also characters written by four ethnic...

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...

Minority Characters on the Renminbi

Renminbi is the legal tender of the People's Republic of China and a symbol of national sovereignty. It is not only a general equivalent, but also a work...

Introduction of the Fifth Set of RMB Banknote Patterns

Each denomination of the fifth set of RMB features the head portrait of Comrade Mao Zedong in the early days of the founding of the...

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...

What is Offshore RMB?

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?

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...

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