Chinese major nation-owned banks bought USD in the onshore market to stop RMB from appreciating too fast. USD/ CNY once rose ...
The central parity rate of the Chinese currency renminbi or the yuan strengthened 339 pips to 70644 against the US dollar Friday according to th ...
With lithium prices dropping and competition growing, automakers are adjusting to slower growth in the electric vehicle ...
“The Fed’s rate cut cycle may trigger a global wave of interest rate cuts by central banks, leading to a decline in the US ...
extends its upside on the weaker US Dollar (USD) on Friday. The INR trades near the two-month highs, bolstered by likely portfolio inflows and an appreciation in the Chinese Yuan after the US Federal ...
The relationship between China and Africa is set to deepen. At a summit in Beijing in early September, China’s president, Xi ...
The quotes of the USD/JPY currency pair continue to move within the development of the correction and the descending channel.
AUSTRALIAN wool prices initially lifted at auctions early this week, but the market overall finished slightly down by the ...
THE latest decision of the United States Federal Reserve to reduce policy rates by 50 basis points (bps) may prompt the Bangko Sentral ng Pilipinas (BSP) to implement larger rate cuts. In its latest ...
Spreads could widen and there could be a knee-jerk USD rally. Look what happened when another DM, Japan, was rocking the world this summer. China's renminbi (CNY) was rock solid, insulating Asian EM ...
China’s US dollar deposit yields typically move in tandem with the Fed's benchmark rate, and the degree of adjustment has ...
Forex trading has steadily grown to become one of the major drivers of wealth for young people globally. It can be done by ...