Multinational corporations, banks, and other financial institutions enter into forward contracts to take advantage of the USD to KHR forward rate for hedging purposes in case USD to KHR going up or US Dollar to Cambodian Riel going down. The US Dollar to Cambodian Riel forward exchange rate is...
Multinational corporations, banks, and other financial institutions enter into forward contracts to take advantage of the USD to UYU forward rate for hedging purposes in case USD to UYU going up or US Dollar to Uruguayan Peso going down. The US Dollar to Uruguayan Peso forward exchange rate is...
Although the dollar's reserve currency share has decreased as the euro and yen have gained popularity, the dollar is still the most widely used reserve currency, followed by the euro, the yen, the pound and the yuan. The potential impact of a new BRICS currency on the US dollar remains u...
The dollar index (DXY00 ) today is down by -0.05% and is just above last Friday’s 4-month low. The dollar has fallen for six consecutive sessions and remains under pressure due to the negative impact of US tariffs on the US economy. Also, comment made
It is believed that the yuan may see further appreciation in December. Weakening of the US dollar is the direct driver of the appreciation of the yuan exchange rate, and the decline of the US Treasury interest rate is the main reason for the weakening of the US dollar, analysts said.Local...
a fresh leg of softening in the US dollar. Over the medium term, we believe that the Treasury curve will resume its steepening trend. Solid global goods activity and more expansive rebound in service sectors across different countries may help make this retreat in the greenback more persi...
It is believed that the yuan may see further appreciation in December. Weakening of the US dollar is the direct driver of the appreciation of the yuan exchange rate, and the decline of the US Treasury interest rate is the main reason for the weakening of the US dollar, analysts said. ...
However, the currency bounced back and by evening traded slightly down on the day at 62.8 to the dollar. The euro traded at around 77.7 in the early evening after going above 80 earlier in the day. U.S. sanctions imposed Friday barred U.S. citizens from doing business with numerous Russi...
In the first part of a two-part special, Citywire Global quizzes top investors on how they're ensuring their portfolios don't pay the price of the US dollar strength.
< p > Fu Peng: there is virtually no relationship between the two, because when we discuss whether the US dollar is going down or going up, we often like to see the so-called US dollar index, but in fact, we are using the US dollar trade weighted index in more professional fields. ...