Tag: Central bank interventions

news-29072024-183529

PBOC Sets USD/CNY Reference Rate at 7.1364: Analysis and Implications

The People's Bank of China (PBOC) has set the USD/CNY central rate for the upcoming trading session at 7.1364, slightly higher than the previous...
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Predicting the Long-Term Dollar Decline: A Comprehensive Analysis

The recent decline in the dollar index has raised concerns about the long-term outlook for the US currency. Despite initial optimism surrounding Trump's economic...

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Matt Gaetz Withdraws Nomination for Trump’s Attorney General

US Representative Matt Gaetz has decided to withdraw his nomination as President-elect Donald Trump's choice for U.S. attorney general. This decision comes after facing...