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Asian Currencies Mixed as China Plans More Spending to Boost Economy
author-avatar Alice Scott
Forex, News
March 27, 2023
16 Feb 2023

Asian Currencies Mixed as China Plans More Spending to Boost Economy

Most Asian currencies remained largely unchanged on Thursday despite China announcing additional measures to bolster its economic growth. The Chinese yuan rose by 0.2% after the People's Bank announced its plans to support the property market and inc...
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USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues
author-avatar Alice Scott
Forex
March 27, 2023
12 Feb 2023

USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues

Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session. The Loonie pair had fallen the most in five weeks the previous day, owing to a strong Canada jobs report that jo...
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The Currency Connection: Navigating the Intersection of Macroeconomic Events and Exchange Rates
author-avatar Alice Scott
Education, Forex
March 27, 2023
12 Feb 2023

The Currency Connection: Navigating the Intersection of Macroeconomic Events and Exchange Rates

Introduction The currency exchange market is one of the largest and most liquid financial markets in the world. It enables international trade and investment, and exchange rates--the value of one currency in relation to another--fluctuates due to ma...
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