News

GBP/USD forecast: sterling outlook after the BoE, Fed decisions?

The GBP/USD exchange rate dived to its lowest level since May 2024 as the US dollar index surge gained steam. It dropped to a low of 1.2497, much lower than the year-to-date high of 1.3430 after the latest Federal Reserve and Bank of England (BoE) in...

Current Dollar: Understanding the Impact of Inflation and Real Prices

Highlights,Current dollar refers to prices or costs that include the effects of inflation or escalation.,It reflects the actual purchasing power at a given point in time, adjusted for inflation.,Using current dollars gives a more accurate representat...

Current Account Balance: Understanding a Nation's Trade Performance

Highlights:,Represents the net difference between a country’s exports and imports of goods and services.,Excludes financial transactions such as investments and loans.,A positive balance indicates a surplus, while a negative one signals a deficit.,Th...

Currency Risk Sharing: A Detailed Exploration

Highlights:,Currency risk sharing involves an agreement to split the currency risk between two parties.,The arrangement uses a customized hedge embedded in the transaction.,It helps protect both parties from the fluctuations in exchange rates during...

Currency Overvaluation: Understanding the Concept in Global Finance

Highlights:,Currency overvaluation occurs when demand for a currency is lower than its supply at the current exchange rate.,It can be sustained by central banks buying the excess currency to support its value.,Currency overvaluation can also be measu...

Currency Hedge: A Strategy to Mitigate Foreign Exchange Risks in International Investments

Highlights:,Currency hedge protects against fluctuations in foreign exchange rates.,It is primarily used in international equity investments.,The strategy involves balancing foreign currency exposure to reduce risk.,A,currency hedge,is a risk managem...

Currency Diversification: A Strategy for Reducing Exchange Rate Risk

Highlights,Currency diversification involves using multiple currencies in investment or financing strategies.,It reduces the risk of exchange rate fluctuations compared to holding a single currency.,A diversified currency portfolio can offer more sta...

Currency Call Option: An Overview

Highlights,A currency call option allows the holder to buy a specific currency at a set exchange rate.,It offers flexibility by giving the right to purchase within a specified timeframe.,This financial instrument can be used for hedging or speculatio...

Currency Appreciation: Understanding the Rise in Currency Value

Highlights:,Currency appreciation refers to the increase in the value of one currency relative to another.,It occurs when exchange rates change, allowing one currency to buy more of another.,Currency appreciation impacts trade, imports, exports, and...

Xinhua Silk Road: E. China's Zaozhuang City boosts rural revitalization through distinctive agricultural industry development

BEIJING, Dec. 20, 2024 /PRNewswire/ -- Xiwangzhuang Town in Shizhong District of Zaozhuang City, east China's Shandong Province, has made efforts to advance rural revitalization through the developmen...

Cumulative Voting: A System for Corporate Director Elections

Highlights:,Cumulative voting allows shareholders to allocate votes based on the number of shares held.,Shareholders can cast all their votes for a single candidate or distribute them across multiple candidates.,This system is designed to give minori...

Pullman Danang Beach Resort Unveils Newly Renovated Grand Ballroom

DANANG, Vietnam, Dec. 20, 2024 /PRNewswire/ -- Pullman Danang Beach Resort is thrilled to announce the grand unveiling of its newly renovated grand ballroom and MICE (Meetings, Incentives, Conferences...

Xinhua Silk Road: Longkou in E. China's Shandong strengthens efforts to foster export expansion of lithium batteries

BEIJING, Dec. 20, 2024 /PRNewswire/ -- Longkou, a county-level city in east China's Shandong Province, has enhanced efforts to help expand the export of lithium batteries locally. Lithium batteries ar...

GoGoX sets new standards with 30-second order-matching guarantee

HONG KONG, Dec. 20, 2024 /PRNewswire/ -- GoGoX, formerly known as GoGoVan, is a leading logistics technology solution platform, has taken efficiency to the next level with its bold "30-second ord...

Beijing Review: Flourishing Macao SAR at 25

BEIJING, Dec. 20, 2024 /PRNewswire/ -- "Those with a sound grasp of governance will leave no problems unresolved and no defects unrepaired." On December 20, 2019, Chinese President Xi J...

BLUETTI Introduces Handsfree Backpack Power Stations to Australia for Non-Stop Charging on the Go

SYDNEY, Dec. 20, 2024 /PRNewswire/ -- BLUETTI, a leader in clean energy solutions, releases its Handsfree Backpack power stations on December 20th, an innovative combination of portable power s...

Mayapada Hospitality Holding Open the first voco Hotel in Indonesia.

BALI, Indonesia, Dec. 20, 2024 /PRNewswire/ -- Mayapada Hospitality Holding are proud to announce the opening of voco Bali Seminyak, the first voco premium brand to open in Indonesia managed  by...

Short GBP/USD: breaking below a key support level is an indication of the continuation of the bearish trend

Amazon workers strike: key facilities disrupted amid escalating labor tensions

The largest strike in Amazon’s history, organized by the International Brotherhood of Teamsters, erupted across the US this week, marking a significant escalation in the ongoing battle for better wages, benefits, and workplace safety. Thousands...

Why Idegen’s $7.3M presale might outshine Dogecoin and Turbo by 2025

In just 23 days, iDEGEN, the latest entrant to the cryptocurrency market, amassed $7,299,582 during its presale. Built on Solana, a blockchain known for its speed and efficiency, iDEGEN employs an adaptive auction system that dynamically adjusts toke...