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forex cross rate

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Forex Cross Rate

Forex cross rates provide investors with the latest news and introduction of exchange rates, as well as cross exchange rate tables.Investors can know the foreign exchange cross rates between dozens of currencies on the page of "Forex Cross Rate", most of which are the most popular currencies in the world, such as euro, U.S. dollar, Japanese yen, British pound, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar. At the same time, investors will also get free access to the latest news and economic calendars of various currencies on the page of "Forex Cross Rate".

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Past performance is not an indication of future results.

NewsEconomic Calendar

Previous Fed chairmen often used a hawkish stance to establish anti-inflation credibility in the early days of taking office. Warsh especially needs to respond to outsiders' doubts about political intervention. In June, non-agricultural employment increased by only 57,000 people, and the CPI fell by 0.4% month-on-month, temporarily easing the pressure for an immediate interest rate hike. However, the annual inflation rate still reached 3.5%, and the weak data was not enough to confirm the reversal of the trend. Dario Perkins, managing director of global macro at TS Lombard, believes that Warsh’s hawkishness is not pure bluff: dissatisfaction within the FOMC over long-term inflation overshooting has been heating up before he took office. Energy risks in the Middle East may also push prices up again. The real policy difference is not whether to act in July or September, but in the next six months to one year. If U.S. employment accelerates again, it will prove that current interest rates are not tight enough and weaken the narrative that "AI productivity can absorb demand pressure." Only then will Warsh need to continue to raise interest rates to fulfill his hawkish stance.

News Flash21-07 02:53From XTrend Speed
Previous Fed chairmen often used a hawkish stance to establish anti-inflation credibility in the early days of taking office. Warsh especially needs to respond to outsiders' doubts about political intervention. In June, non-agricultural employment increased by only 57,000 people, and the CPI fell by 0.4% month-on-month, temporarily easing the pressure for an immediate interest rate hike. However, the annual inflation rate still reached 3.5%, and the weak data was not enough to confirm the reversal of the trend. Dario Perkins, managing director of global macro at TS Lombard, believes that Warsh’s hawkishness is not pure bluff: dissatisfaction within the FOMC over long-term inflation overshooting has been heating up before he took office. Energy risks in the Middle East may also push prices up again. The real policy difference is not whether to act in July or September, but in the next six months to one year. If U.S. employment accelerates again, it will prove that current interest rates are not tight enough and weaken the narrative that "AI productivity can absorb demand pressure." Only then will Warsh need to continue to raise interest rates to fulfill his hawkish stance.

JPMorgan Chase: Raised price target on UnitedHealth (UNH.N) to $516 from $466.

News Flash21-07 02:44From XTrend Speed
JPMorgan Chase: Raised price target on UnitedHealth (UNH.N) to $516 from $466.

Japanese Prime Minister Takaichi Sanae: We will strive to achieve real economic growth of more than 1% and nominal growth of more than 3% as soon as possible, and pursue higher growth in the future.

News Flash21-07 02:35From XTrend Speed
Japanese Prime Minister Takaichi Sanae: We will strive to achieve real economic growth of more than 1% and nominal growth of more than 3% as soon as possible, and pursue higher growth in the future.

Japanese Prime Minister Takaichi Sanae: We will appropriately guide economic and fiscal policies based on fiscal sustainability and maintain market trust.

News Flash21-07 02:31From XTrend Speed
Japanese Prime Minister Takaichi Sanae: We will appropriately guide economic and fiscal policies based on fiscal sustainability and maintain market trust.

U.S. chip stocks stopped falling and rebounded overnight. Semiconductor ETFs rose by about 1.3%. Nvidia, AMD and Micron generally rebounded, but the Nasdaq still closed close to flat. The early concentrated selling and leverage rebalancing pressures have temporarily eased. The stabilization of U.S. stocks has provided a short respite window for Korean stocks and East Asian storage and equipment chains, but the deleveraging inertia and high volatility chips have not yet been fully digested. The next financial reports from Alphabet, Tesla and Intel will re-examine AI demand, capital expenditures and profitability. Therefore, whether the rebound can continue depends on whether the performance can support the previous high expectations.

News Flash21-07 02:10From XTrend Speed
U.S. chip stocks stopped falling and rebounded overnight. Semiconductor ETFs rose by about 1.3%. Nvidia, AMD and Micron generally rebounded, but the Nasdaq still closed close to flat. The early concentrated selling and leverage rebalancing pressures have temporarily eased. The stabilization of U.S. stocks has provided a short respite window for Korean stocks and East Asian storage and equipment chains, but the deleveraging inertia and high volatility chips have not yet been fully digested. The next financial reports from Alphabet, Tesla and Intel will re-examine AI demand, capital expenditures and profitability. Therefore, whether the rebound can continue depends on whether the performance can support the previous high expectations.

Indian Prime Minister Narendra Modi: Warm congratulations to Andy Burnham on his assumption of office as Prime Minister of the United Kingdom. With the Comprehensive Economic and Trade Agreement between India and the UK coming into force this month, the bilateral partnership between the two countries will be further strengthened.

News Flash21-07 02:03From XTrend Speed
Indian Prime Minister Narendra Modi: Warm congratulations to Andy Burnham on his assumption of office as Prime Minister of the United Kingdom. With the Comprehensive Economic and Trade Agreement between India and the UK coming into force this month, the bilateral partnership between the two countries will be further strengthened.