Category Archives: Currency News

Forex Currency China Yuan (Chinese: 元; pinyin: yuán) Renminbi 人民幣/人民币

China National Bank suspended the market today due to Sufficient liquidity

The Chinese central bank (PBOC) suspended the Open Market Operations (OMO) today, stating that there is sufficient liquidity in the financial system.China National Bank said Liquidity in the financial system is quite high. Which is enough to support the impact of the liquidity out of the marketReverse repo is a process by which the central bank purchases securities from a Read More


US Dollar and Forex Market and Forex Trading

The governor of the Fed agreed on the way to use patience in monetary policy.

Michelle Bowman, one of the US Federal Reserve Governors (Fed), publicly commented for the first time after taking the position that She agreed with the Fed Board that changed to “endure” guidelines for monetary policy implementation. Which will keep the interest rate constant at the current level Mr Bowman said at the American Bankers’ Association meeting in San Diego that Read More


The pound sterling £; ISO code: GBP Forex Trading Currency

UK economy slowest since 2012 as Brexit woes weigh

Britain’s economy slowed sharply in late 2018, pushing full-year growth to its weakest in six years as Brexit worries hammered investment by companies and the global economic slowdown weighed on trade, official data showed on Monday. The pace of economic growth fell to a quarterly rate of 0.2 per cent between October and December from 0.6 per cent in the Read More


US Dollar and Forex Market and Forex Trading

Money Market New York: Dollar slightly appreciated Get strong employment numbers

The US dollar slightly appreciated against major currencies. In trading at the New York exchange market last night (1 Feb), responding to the strong US employment figures revealed. And the expansion of the US manufacturing PMI for the fourth consecutive month in Jan. However, the dollar is not much stronger. Because the hourly wage numbers have risen below expectations The Read More


US Dollar and Forex Market and Forex Trading

The dollar weakened in the frame of 108 yen after the Fed sent a signal to slow interest rates.

The dollar weakened in the frame of 108 yen after the Federal Reserve (Fed) sent a signal to slow down the rate hike in yesterday’s meeting. At 22.32 hrs., The Thai time the dollar fell 0.27% to 108.73 yen, while the euro fell 0.19% to 124.88 yen and rose 0.05% to $ 1.1483. Which is a measure of the movement Read More


Forex Currency China Yuan (Chinese: 元; pinyin: yuán) Renminbi 人民幣/人民币

The Chinese central bank injected liquidity into the financial market in January.

The Chinese central bank (PBOC) revealed that the central bank approved a 1.6 billion yuan loan (2.39 billion dollars) for financial institutions. Through short-term loan programs (SLF) in January to support liquidity needsXinhua news agency reported that a statement from PBOC stated that the loan project will be due in 1 month. In addition, last month, the PBOC injected 30 Read More