CNYUSD CNY/USD
- 0.138350
- -0.000190-0.14%
CNY/USD News
Interest rates on 30-year mortgages in the US fell for the first time since the end of March
Interest rates on US mortgages fell for the first time since late March, giving buyers a sigh of relief and boosting mortgage applications for home purchases and refinancing. Contract interest rates for 30-year fixed-rate mortgages fell 11 basis points to 7.18% in the week ending May 3, according to data released by the Mortgage Bankers Association on Wednesday. Prior to that, the interest rate had been rising for four consecutive weeks and had risen well above 7%.
Is it expected that the Fed will cut interest rates? Authoritative leading indicators show that US employment growth will stagnate in the second half of the year
① After the US Labor Administration released an unexpected “shocking” April non-farm payroll report at the beginning of this month, the Employment Trend Index (ETI) released by the World Federation of Large Enterprises this week added another spark to the Fed's interest rate cut prospects; ② As the leading index continued to decline in April, economists believe that this indicates that US employment growth may gradually stagnate in a few months.
US Dollar Extends Widespread Recovery as Rates Pricing Adjusts Higher
The US dollar extended a widespread recovery against major currencies in early European trade on Wednesday, aided by weakness in some other currencies as well as an upward adjustment in expected levels of the Fed Funds rate.
The Fed's interest rate cut this year is a question mark! The US dollar has risen again. This is a big headache for the central bank
FX168 Financial News (Asia Pacific) News The mysterious path of the Federal Reserve and US interest rates continues to be the focus of market attention.
Express News | Ku Chaoming: The US should not allow the US dollar to be excessively strong
Dollar Firms as Post-Fed Meeting Weakness Fades -- Market Talk
The dollar firms as FX traders shrug off the impact of last week's Federal Reserve meeting where policymakers raised the bar for a rate hike and left prospects of a rate cut more likely, says Ipek Ozkardeskaya, senior analyst at Swissquote Bank, says in a note.
Economist: The Federal Reserve should “end the obsession with low interest rates” and raise interest rates!
Economists say that if US policymakers aren't too keen to curb inflation, the potential economic growth rate should be close to 2.8% rather than 1.8%.
Forex Today: US Dollar Clings to Recovery Gains as Markets Assess Fedspeak
The US Dollar (USD) stays resilient against its rivals early Wednesday after posting marginal gains on Tuesday.
The hawks are coming! “The new king of hedge funds”: The Federal Reserve must keep interest rates high “longer” and Powell's monetary strategy is correct
Citadel founder Ken Griffin said that the Federal Reserve must maintain higher interest rates for a longer period of time.
Rental costs are soaring! Major central banks face stubborn obstacles to curbing inflation
In the US, the UK, Canada, and Australia, rapidly rising housing costs — which weigh heavily in the consumer price index basket — are preventing inflation from falling back to the central bank's target level.
Express News | Analyst: The Federal Reserve still wants to cut interest rates, but next week's CPI may bring about changes
“Big Eagle King” suddenly spread his wings! The Federal Reserve may need to keep interest rates high throughout the year
Kashkari said that interest rates will remain high “for a long period of time,” the possibility of interest rate hikes is not ruled out, and he is concerned about housing inflation.
Is the US economy already fractured? Wall Street Analysts Warn: If the Federal Reserve Doesn't Cut Interest Rates, Collapse Is Imminent!
① Wall Street veteran Marija Veitmane (Marija Veitmane), head of global stock research at State Street, warned that if the Federal Reserve does not cut interest rates soon, the US economy will inevitably collapse; ② She warned that there are now signs that high interest rates are putting tremendous pressure on the US economy.
The US consumer market threw a “thunder”! Well-known financial blogger: Credit card debt has exploded...
Total credit card debt reached a record high, while personal savings rates fell to new lows.
Former US Treasury Secretary Mnuchin: A strong dollar currently helps finance US debt
Mnuchin said that a strong dollar is currently an advantage in helping the US finance huge fiscal deficits, but he also called on the winners of the November presidential election to lead a new initiative to control the federal debt burden.
PBoC Sets USD/CNY Reference Rate At 7.1016 Vs 7.1002 Previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1016 as compared to the previous day's fix of 7.1002 and 7.2202 Reuters estimates.
The risks of the US election are beginning to show, and Goldman Sachs warns of this most dangerous scenario...
The market is beginning to set prices around Election Day, J.P. Morgan maintains a long exposure to the US dollar, and Goldman Sachs warns investors that the biggest risk they face is...
Express News | USD/RMB was reported at 7.1016, an increase of 14 points (RMB depreciation).
More than just the Federal Reserve! This big problem is testing central banks around the world
It is probably the “culprit” for the US core CPI inflation exceeding expectations for 3 consecutive months...
Former US Treasury Secretary Mnuchin supports the dollar: a strong dollar is a good thing
Mnuchin said that a strong dollar is an advantage and currently helps the US to finance huge fiscal deficits, but called on the winners of the November presidential election to launch new measures to control federal debt.