-
China Re-opening Important
The dollar overall has been unable to secure further gains in currency markets with a small net correction from 3-month highs. After being closed for new-year holidays throughout last week, Chinese markets have re-opened and the performance will have a significant impact on global markets. The trade-weighted Chinese yuan index hit a 3-month high on Monday and a firmer yuan will provide some net support for the Euro in global markets, although Chinese equities struggled to make significant headway. The Euro to Dollar (EUR/USD) exchange rate dipped to 1.0735 after the US producer prices data before a rebound to 1.0770 ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Feb 19, 2024 1:15pm Feb 19, 2024 1:15pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #2
- Quote
- Feb 19, 2024 1:24pm Feb 19, 2024 1:24pm
- lipopos
- | Joined Dec 2011 | Status: Member | 13 Comments
Desire is a set of possibilities And reluctance - a lot of reasons ....
- Comment #3
- Quote
- Feb 19, 2024 1:28pm Feb 19, 2024 1:28pm
- lipopos
- | Joined Dec 2011 | Status: Member | 13 Comments
Desire is a set of possibilities And reluctance - a lot of reasons ....
- Comment #4
- Quote
- Feb 19, 2024 2:04pm Feb 19, 2024 2:04pm
- Eurorally
- | Joined Apr 2023 | Status: Member | 32 Comments
- Comment #5
- Quote
- Feb 19, 2024 2:08pm Feb 19, 2024 2:08pm
- Eurorally
- | Joined Apr 2023 | Status: Member | 32 Comments