The dollar is also special, and this is the second part. It tends to perform well when there are concerns of global recession, and there’s a risk-off mood in markets. The dollar is a ‘safe haven’ asset, and you tend to see flows back into the dollar that support the currency as...
Conversely, the yen has tended to weaken when risk appetite in financial markets increases. In the years after theGreat Recession, the yen slowly depreciated against the U.S. dollar as the global economy recovered. The weakening accelerated in 2013 when the Bank of Japan embarked on large-scale...
In April 10th P, the direct exchange between the RMB and the Australian dollar was officially launched. This is the third currency that can be exchanged directly with the renminbi after the US dollar and Japanese yen. This marks an important step in the process of RMB internationalization. The...
For America a strong dollar has some advantages. It will help bring down inflation, even if it might pose some longer-term competitiveness problems. For much of the world, though, it is bad news. The greenback remains pre-eminent in trade invoicing and cross-border debt. As a result, as ...
The dollar has traded in a strong and tight range through the first five months of the year. Looking forward to the next 12 months, we think there are a number of factors that will keep the US dollar stronger for longer. Chief among those reasons is the strength of the US econom...
The Japanese economy is at a standstill, Japan's government has said, as concerns about the strong yen(曰元)continue to grow.The recovery in the economy was“pausing”, the Cabinet Office said in a monthly statement.It is the most negative that the government has been about the economy in...
New York dollar to us dollar Niu Yuan rebounded last week after falling to 0.8075, but the strength of the rally was not strong, and the upper side was once again suppressed by the resistance of 0.8175 of the daily lines, indicating that the decline of the New Zealand dollar has not end...
It said shipments to Asia in particular were becoming weaker, further hitting exportersthat are already suffering from the strong yen. The yen remains near a 15 - year high against the US dollar, despite the financial interfer-ence (干预)in the currency markets last month for the first time ...
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Government interventions can also affect the global economy, due to the outsized influence of the U.S. on world markets. A classic example of this is the importance of the Federal Reserve in international financial markets. Because the dollar is one of the default currencies in internationa...