EBC Daily Snapshot Augl 14, 2024

The dollar lagged on Wednesday as US producer prices slowed and service costs fell the most in nearly 1.5 years, signaling easing price pressures.

規則: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar Strength and Chinese Renminbi Weakness

Dollar Strength and Chinese Renminbi Weakness

The U.S. dollar has shown persistent strength in global currency markets, with the dollar index breaking above the critical 103.00 level. This resurgence has been driven by a combination of factors, including robust economic data from the U.S., heightened global risk aversion, and relative weakness in other major currencies, most notably the Chinese renminbi (CNY).
ACY Securities | 33分鐘前