The People's Bank of China on Friday raised its official yuan midpoint 232 basis points to 6.4169 against the U.S. dollar. According to the regulator's statistics, the yuan's exchange rate has reached its peak since December 9, 2015.
The euro traded at almost 3-year peak on increasing anticipations that the European Central Bank could could finish its bond purchase scheme.
Financial markets - unlimited opportunities for capital increase
Finance is a system of arrangements which has arisen in the course of the exchange of economic goods, where money was the main asset. The financial sector is focused on bank lending and the securities market. Modern financial market gives to potential investor a large opportunity to invest by purchasing shares, bonds, certificates of deposit, futures contracts and other assets.
Analysis of financial news as the key to successful trading on the stock exchange
Traders always pay special attention to the finance, that is why it is very important always be aware of all events, which are related to the sector in one way or another. As a participant in the foreign exchange market trader should first sharpen his attention to the events which are connected with his favourable financial instrument.