others
USD/CNY to see a moderate rise on a 12M horizon towards 7.40 – Danske Bank – Crypto News
USD/CNY has declined lately generally following the swings in the Dollar. Economists at Danske Bank analyze the pair’s outlook.
EUR/CNY to revert lower towards 7.70 in 12M shadowing EUR/USD lower
We keep our view of a moderate rise in USD/CNY on a 12M horizon towards 7.40 as we expect economic and financial risks in China to prevail for some time underpinning some further CNY weakness. Our view of a stronger USD in the medium to longer term also points to a higher USD/CNY. However, in the short term, we expect the cross to stay close to current levels around 7.15.
For EUR/CNY we look for the cross to follow EUR/USD slightly higher in the short term but to revert lower towards 7.70 in 12M shadowing EUR/USD lower. The two crosses still trade with a high correlation.
-
Blockchain4 days agoOn-Chain Tokenization for Payments Professionals – Crypto News
-
Cryptocurrency1 week ago
Pi Community Highlights Pi Coin’s Slow Growth As ‘Strategic’ – Crypto News
-
Cryptocurrency1 week agoWhite House Mulls Bitcoin Reserve Backed by Gold and Tariffs – Crypto News
-
Cryptocurrency1 week agoOKX Returns to US Market Following $505M DOJ Deal – Crypto News
-
Blockchain1 week agoBitcoin online chatter flips bullish as price chops at $85K: Santiment – Crypto News
-
Business1 week agoWorldpay and FIS Deals Echo 2019’s Payments Megamergers – Crypto News
-
Blockchain1 week agoSolana Turns Bullish On 8H Chart – Break Above $147 Could Confirm New Trend – Crypto News
-
Cryptocurrency1 week agoA decade in, Liberland needs the Bitcoin standard more than ever – Crypto News
-
Business1 week ago
Galaxy and State Street Hong Kong to Launch New Crypto Investment App – Crypto News
-
Cryptocurrency1 week agoJudge Pauses 18-State Lawsuit Against SEC, Saying It Could ‘Potentially Be Resolved’ – Crypto News
-
Cryptocurrency6 days ago
Copper and P2P.org announce strategic collaboration to elevate institutional staking solutions – Crypto News
-
Technology1 week agoMoto Book 60 laptop, Pad 60 Pro launched in India: Price, features, battery and more – Crypto News
-
Business1 week ago
Cardano (ADA) and Dogecoin (DOGE) Eye For Bullish Recovery – Crypto News
-
Technology1 week ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
others1 week agoMantra CEO Says New Details on OM Token Buyback and Supply Burn Program Coming Soon – Crypto News
-
Technology1 week ago
Expert Predicts Pi Network Price Volatility After Shady Activity On Banxa – Crypto News
-
others1 week ago
XRP Price Forecast: Ripple Settles With SEC—Is $2 the New XRP Price Floor? – Crypto News
-
Technology1 week agoIndia, Australia explore bilateral data-sharing treaty to tackle cybercrime – Crypto News
-
others1 week ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
Business1 week ago
AERGO Price Rockets Amid Binance & Other Major Listings – Crypto News
-
others1 week agoPresident Trump Planning Launch of New Monopoly-Inspired Crypto Game: Report – Crypto News
-
Blockchain1 week agoStablecoins’ dominance due to limitations of US banking — Jerald David – Crypto News
-
Cryptocurrency1 week agoSOL remains bullish amid broader market stagnation – Crypto News
-
Business1 week ago
Crypto Whales Bag $20M In AAVE & UNI, Are DeFi Tokens Eyeing Price Rally? – Crypto News
-
Blockchain1 week agoJio partnership to drive real-world Web3 adoption for 450M users – Crypto News
-
others1 week agoCAD gives up mild gain led by steady BoC – Scotiabank – Crypto News
-
Cryptocurrency1 week agoAAVE heads for Aptos: Will this high-speed expansion spark a 30% rally? – Crypto News
-
Business1 week ago
Coinbase Reveals Efforts To Make Its Solana Infrastructure Faster, Here’s All – Crypto News
-
Technology1 week agoGoogle hit with major antitrust ruling over online advertising practices: All about the case – Crypto News
-
Cryptocurrency1 week ago
Solana Price Recovers as 71% Traders on Binance Predict a Bullish Breakout – Crypto News
-
others1 week ago
How High Should Dogecoin Price Rise to Turn $10K to $100K? – Crypto News
-
others1 week ago
Will Pi Network Price Crash or Rally After 212M Unlocks? – Crypto News
-
Cryptocurrency1 week agoUp By Over 5% In the Last Week, How High Can Ethereum Price Rise? – Crypto News
-
Business1 week agoS&P 500 Forms First Death Cross Since 2022 – Crypto News
-
Technology1 week agoOpenAI launches ’Image Library’ for ChatGPT users: What is it and how the new feature work – Crypto News
-
Cryptocurrency1 week ago
OKX Returns to US Market Following $505M DOJ Deal – Crypto News
-
Cryptocurrency1 week agoPerformance of Hard Assets Bitcoin and Gold ‘Remains Remarkable:’ Glassnode – Crypto News
-
others1 week agoIs Bitcoin Bottom In? Crypto Analytics Firm Says a ‘Step Back’ for BTC Could Fuel the Next Leg Higher – Crypto News
-
Cryptocurrency1 week agoSolana Price Attempts $135 Breakout, Momentum Sends Mixed Signals – Crypto News
-
Blockchain1 week agoBitcoin miner Bit Digital acquires $53M facility as AI, HPC push continues – Crypto News
-
others1 week agoUnitedHealth stock caves 23% as it cuts full-year guidance – Crypto News
-
Blockchain1 week agoEthereum Fees Fall To 2019 Levels—Details – Crypto News
-
others1 week agoTwo reasons why Schwab’s earnings soared 46% in Q1 – Crypto News
-
Business7 days ago
Coinbase Faces Renewed Legal Battle as Oregon Revives Old SEC Playbook – Crypto News
-
Blockchain5 days agoAltcoin unit bias ‘absolutely destroying’ crypto newbies — Samson Mow – Crypto News
-
Business4 days ago
Expert Says Solana Price To $2,000 Is Within Reach, Here’s How – Crypto News
-
Business1 week ago
OKX Expands To The US With New Cryptocurrency Exchange And Wallet – Crypto News
-
Blockchain1 week agoMarket maker deals are quietly killing crypto projects – Crypto News
-
Technology1 week ago
Trump-backed WLFI Crypto Project Brings New Advisor – Who Is Bilal Bin Saqib? – Crypto News
-
Business1 week ago
DOGE Whale Moves 478M Coins As Analyst Predicts Dogecoin Price Breakout “Within Hours” – Crypto News