2021-8-29 13:00 |
The exchange rate for the euro-U.S. dollar currency pair has been trading in a narrow range for six years. Is that about to change?
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
The U.S. and eurozone economies have diverged since the pandemic, yet the euro-dollar rate has stayed the course.
2021-8-29 13:00 | |
|
|
| Analogue Notcoin - TapSwap |
CBDCs are here to stay, it seems, and Moody’s is looking at their implications for the global economy and international banking.
The yuan rose during the pandemic amid US consumer demand for Chinese products.
We analyze how the currencies of eight major commodity-exporting nations, from Australia to Brazil to South Africa, performed during the year of the virus.
A currency tends to rise against its peers when its country contains the spread of the virus, and this is reflected in moves in the dollar, euro and yuan.
Major currencies such as the euro, pound and yuan are being impacted, to a certain extent, by the state of the coronavirus in their respective countries.
The dollar retreated this summer amid the change to a less optimistic narrative of the US economy, growing budget deficits, and rising political risk.