20
May
Posted by Emvertex

The United States dollar outstanding interest deposit year interest rate 3% or 4% is not enough to see, forever abundant bank hits on April 29 yesterday "5 word head" the plan, the United States dollar fixed deposit five months period year interest goes up to rush 5.2%, in order to support the overseas loan demand. Have also aimed at small endowment, but only in the annual interest "3" "other soil was huge pressure, the bank has been actively to the…

Continue reading
2
Apr
Posted by Emvertex

According to recent data released by the international monetary fund (IMF), the proportion of RMB assets held by central Banks in foreign exchange reserves rose to 1.89% in the fourth quarter of 2018, surpassing Australian and Canadian dollars and the highest level since the IMF reported RMB reserve assets in October 2016. According to the latest quarterly data on the composition of official foreign exchange reserve currencies released by the IMF, as of the fourth quarter of last year, RMB…

Continue reading
12
Mar
Posted by Emvertex

Global asset management (DWS) said on March 11 that the yuan will still fall against the dollar this year as China's economy has not yet stabilized, and it expects the yuan to remain at 7 yuan to the dollar for a year.   March 11, according to Reuters news, DWS (former deutsche asset management) Asia Pacific investment director Sean Taylor has said at the press conference: "the recent relatively strong, due to the vision will have more capital market cycle…

Continue reading
6
Mar
Posted by Emvertex

On Tuesday, March 5, 2019, the dollar held on to positive territory after some supportive economic data. The ISM manufacturing index for February was 59.7, above analysts' estimates of 57.5 and above the preliminary reading. The ICE dollar index rose 0.2 percent to 96.831. [caption id="attachment_735" align="alignnone" width="670"] The dollar hit a 2 week high[/caption] Elsewhere, the pound rebounded from earlier losses against the dollar. The British government did not expect any breakthrough from a meeting between British attorney general…

Continue reading
25
Feb
Posted by Emvertex

The dollar was little changed as the minutes of the fed's January meeting maintained a "dovish" tone, indicating flexibility on whether to raise interest rates and considering a possible end to its tightening soon.Despite recent optimism about the outcome of the u.s.-china trade talks, franklin said there is still some safe-haven demand for the dollar as the March 1 deadline approaches, but the fed will continue to favor a dovish tone and limit dollar moves. U.S. President Donald trump signaled…

Continue reading