Forex Today: Further Greenback Losses as Markets Tilt Toward More Rate Cuts
Why is it said that the Federal Reserve cannot control all the US dollars?
Is the dollar kidnapping the world? Or is the world kidnapping the dollar?
Dollar's Fall Might Be Contained by Shift in Rate Expectations -- Market Talk
After the Federal Reserve cut interest rates, the fluctuation range of the RMB exchange rate increased. Is the short-term RMB to USD breaking '7' far away?
Although the offshore renminbi depreciated against the US dollar to 7.1 at the opening today, the offshore renminbi and onshore renminbi have both strengthened against the US dollar at midday, and the fluctuation of the renminbi exchange rate has increased significantly. If the US dollar index falls below 100, the renminbi exchange rate against the US dollar will move towards 7.0, and it is not ruled out that it may return to below 6 in the short term. The long-term trend of the renminbi exchange rate still depends on the changes in the fundamentals.
Wall Street hotly discusses: After the Federal Reserve's interest rate cut, how will the Asia market perform?
①Overall, Wall Street analysts believe that the decision to cut interest rates by 50 basis points is bullish for the Asian stock market, as it gives more room for Asian central banks to implement easing policies and helps alleviate concerns about the local currency weakening. ② However, due to the anchoring effect of the Renminbi, the forex trends in Asia may be relatively moderate.
USD Marks Time Ahead of FOMC – Scotiabank