Chinese Yuan Hits 28-week High âšī¸
The USD/CNY exchange rate has dropped to a 28-week low of 7.18, with a 1.5% decline over the past 4 weeks and a 1.12% decrease in the last 12 months.
Currency fluctuations suggest potential shifts in economic dynamics between the US and China, with moderate implications for global trade and investment sentiment. The gradual decline indicates a measured adjustment rather than a dramatic market disruption.
Canadian Dollar Hits 31-week High âšī¸
USDCAD exchange rate dropped to a 31-week low of 1.38, showing a 0.72% decline over the past 4 weeks, while maintaining a 0.64% increase over the past 12 months.
Currency fluctuations represent a minor market movement with balanced short and long-term trends. The modest changes suggest limited immediate portfolio implications, primarily affecting international investment exposure and currency-sensitive assets.
South Korean Won Hits 30-week High âšī¸
The USD/KRW exchange rate has dropped to a 30-week low of 1367.00, with a 4.4% decline over the past 4 weeks and a modest 0.13% increase in the last 12 months.
Currency fluctuations represent a minor signal with limited immediate portfolio implications. The modest changes suggest stability in the USD/KRW exchange rate, with no significant short-term or long-term market disruption potential.
Hong Kong Dollar Hits 12-month Low âšī¸
The US Dollar to Hong Kong Dollar exchange rate reached a 12-month high of 7.82, with a 0.84% gain over the past 4 weeks and a 0.26% increase in the last 12 months.
Currency fluctuations represent a minor market movement with limited direct portfolio implications. The modest exchange rate change suggests stable economic conditions without significant disruption to international market dynamics.