Trend of the US dollar exchange rate

by pudong888 on 2010-10-28 04:20:02

The trend of the US dollar exchange rate. The Renminbi to US dollar exchange rate is reported at 6.68550 CNY. The trend of the US dollar exchange rate has rebounded from its fall, mainly because market players believe that the Federal Reserve's increased purchase of government bonds will lead to a worsening of inflation. Meanwhile, Japan has taken new measures to intervene in the foreign exchange market to lower the value of the yen and protect Japanese exporters, causing the yen to US dollar exchange rate to decline.