Isabel Schnabel, a member of the European Central Bank's Executive Board, encourages Germans that the inflation rate will abate again. She said this just as data showed that inflation is rising at the fastest rate since the early 1990s. ECB Aims to Quell Inflation Agitations Early In a live …
Money management
China Authorities Moves to Limit Speculative Yuan Trading
A company formed and operated by the People Bank of China, the China Foreign Exchange Committee (CFEC), has enacted a proposal to put a check on speculative forex trading by Banks in China, even as the yuan surges to a six-year high against the U.S. dollars and other peers. CFEC Urges Caution …
USDCHF Bounces off Its Confluence Zone to Maintain Uptrend
USDCHF Analysis - The Market Bounces off Its Uptrend Confluence Zone USDCHF bounces off the confluence zone of its uptrend line and a descending channel within the key levels of 0.91570 and 0.91070. Following a decline in liquidity, the market retested the 0.92190 price line before dropping below …
