While the Chinese economy returned to a stabilizing trend in April after a stronger-than-expected first quarter, the traction behind its firm steps is somehow different from what it used to be. Belt & Road tourism increasingly popular among tourists A new report on tourism along the route of ...
A cross rate is a foreign currency exchange transaction between two currencies that are both valued against a third currency. The U.S. dollar (USD) is the currency that's usually used in foreign currency exchange markets to establish the values of the pair being exchanged. As the base curren...
The US dollar (USD)is volatile. Bank experts predict this will continue to be the case in 2021. Bank experts believe that ongoing uncertainty from the coronavirus pandemic, a tumbling US economy and an increase in USD money supply will keep the USD weaker than other currencies. Is the US d...
Just from guessing, the design that would be chosen is the Hisar OPV variant of the Ada family, due to it being cheaper and easier to build than original Ada (according to the Turks) hence why there is possibility to get Ada sized ship at lower than usd200 million per unit ie the ...
The market seems to be hesitating as it nears the $0.7200-level. Initial support is seen in around $0.7100-$0.7120.The PBOC set the dollar's reference rate at CNY6.9921, which was stronger than the models suggest and about 0.3% above where it closed yesterday, which is a relatively large...
If the exchange rate goes up from 1.6000 to 1.6500, it means the pound is getting stronger (costs more dollars), while the dollar is getting weaker. This convention applies to most currency pairs, except for a few key currencies like the pound, euro, Australian dollar, and New Zealand ...
It becomes clear that the global investor interest in silver is very strong, much stronger than the silver in USD story makes us believe. Featured Partners(Ad) Request Your Free Gold Investment Educational Kit Learn More → Let’s review the silver charts priced in several global currencies ...
When theFedintervenes in open market activities to make the U.S. dollar stronger, for example, the value of the NZD/USD cross could decline, due to a strengthening of the U.S. dollar when compared to the New Zealand dollar. The NZD/USD tends to have a positive correlation to its neig...
offshore yuan.The yen's strength helped lift and offshore yuan continues to spend time stronger than the onshore yuan, which is a reversal of the pattern than dominated until recently. The US dollar fell slightly more than 3% from the high for the year set in early July near CNH7.3115 ...
we hardly consider the aud as a buy opportunity at the current level. the aud is still 10% overvalued against the usd and interest rate differential is favorable to the greenback. the australian dollar rose on tuesday december 5th to the one month against the usd as better than projected eco...