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EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets in the world, where currencies are traded...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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What is the Standard Spread in Forex?
Forex trading is one of the most dynamic and liquid financial markets in the world. As of...
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What Time Is the Lowest Spread in Forex?
The forex market operates 24 hours a day, five days a week, offering a vast array of...
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Central parity of RMB exchange rate in the interbank foreign exchange market on July 19, 2023
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USD/RMB reported at 7.1486, up 33 points (RMB depreciation); EUR/RMB reported at 8.0558, up 8 points; HKD/RMB reported at 0.9149, up 5.4 points; GBP/RMB reported...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 18, 2023
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USD/RMB reported at 7.1453, up 127 points (RMB depreciation); EUR/RMB reported at 8.0550, up 400 points; HKD/RMB reported at 0.91436, an increase of 16.3 points;...
What day is fed rate Hike？
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The Federal Reserve, often referred to as the Fed, plays a crucial role in the United States' monetary policy and economic stability. One of...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 17, 2023
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USD/RMB reported at 7.1326, an increase (RMB depreciation) of 8 points; EUR/RMB reported at 8.0150, a decrease of 19 points; HKD/RMB was at 0.91273, up...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 14
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USD/RMB was at 7.1318, down 209 points (RMB appreciation); EUR/RMB was at 8.0169, up 430 points; HKD/RMB reported at 0.91191, down 20.7 points; GBP/RMB reported...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 13
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USD/RMB was at 7.1527, down 238 points (RMB appreciation); EUR/RMB was at 7.9739, up 541 points; HKD/RMB reported at 0.91398, down 26.7 points; GBP/RMB reported...
Daily Global Foreign Exchange Market News Express (July 12)
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1. The New Zealand Federal Reserve suspended interest rate hikes, in line with market expectations, and kept interest rates at 5.50%, the highest level...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 12, 2023
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USD/RMB was at 7.1765, down 121 points (RMB appreciation); EUR/RMB was at 7.9198, down 183 points; HKD/RMB reported at 0.91665, down 13.8 points; GBP/RMB reported...
Daily Global Foreign Exchange Market News Express (July 11)
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1. Fed-Bostic reiterated: I don’t think it is necessary to raise interest rates to see inflation return to 2%. Mester: Could have hiked in...
Central parity of RMB exchange rate in the interbank foreign exchange market on July 11
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USD/RMB reported at 7.1886, down 40 points (RMB appreciation); EUR/RMB reported at 7.9381, up 347 points; HKD/RMB reported at 0.91803, down 5.4 points; GBP/RMB reported...
Summary of Brokers’ Opinions on July 10
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the macro 1. Debon Securities: In June, the labor market showed a situation of weak supply and demand, but the recovery of weaker supply has...
Macro data review last Friday (July 10)
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Asia Pacific 1. The People's Bank of China: China's foreign exchange reserves at the end of June reported US$3.193 billion, an increase of US$16.492 billion...