Lao Cui talks about currency: the downward space is completely opened, when will the low point of Ethereum come?

The gradual rise of the exchange rate has made the entire market worse. For the later trend, the impact of the exchange rate will definitely determine the short-term trend. At the exchange rate level, many friends are asking Lao Cui how to observe the next trend of the exchange rate. Everyone needs to observe this. Our export behavior, as long as the data at the foreign trade level is better, the basic exchange rate will be adjusted upward in the later period. The appreciation of the US dollar is linked to the interest rate cut. At the same time, the acceleration of our economic growth level will also drive the appreciation of the RMB. The most obvious point is that the exchange rate will once reach 6.1 from 16 to 19, which is the performance of the peak of national strength. However, the current exchange rate is likely to remain above 7. The share of the entire manufacturing market has indeed declined. The flight of foreign capital and the loss of international capital will lead to the depreciation of the RMB. The fundamental of currency is still the credit system. Therefore, in the short term, as long as the exchange rate rises, the appreciation of the US dollar will drive the entire US dollar-linked market to appreciate as a whole. However, the US dollar will flow away and funds will flee, which has formed a short-term downward trend in the currency circle.

As for the overall range trend, there will definitely be a short-term rebound trend. After all, there is still support from traditional capital in the circle. The focus is still on the actual implementation policy of the US interest rate cut. From Lao Cui's perspective, it is difficult for the US to support the interest rate cut until the end of the year. It will still be maintained around October. The interest rate cut at the end of the year will weaken the economic start-up a lot. So everyone will be concerned about the trend before the interest rate cut. Before the arrival of these two pieces of news, it will definitely go around the oscillating downward trend. For this, everyone can pay attention to the fluctuation of the exchange rate. + Lao Cui shi9527111 The rest is to look at the fluctuation at the news level, that is, the implementation of major financial policies, such as interest rate cuts in various places, changes in the US stock market, etc. As long as there is no impact in this regard, the fluctuations in the market outlook will inevitably follow the downward fluctuations, but this does not mean that there will be downward space in the short term. The depth of this round of correction is still visible, and there will not be room for continuous downward movement. There is also room for rebound in the downward movement.