ASEAN members have agreed to increase the use of local currency transactions and push for a better regional payment connectivity, in a move that could be seen as a continuing shift in de-dollarization in the region.
How to Trade the EUR/USD Currency Pair: Professional Tips
The behaviour of the EUR/USD pair is a kind of indicator showing the comparative condition of the US and EU economies. If the US economy steadily grows, and problems arise in the EU, the EUR/USD decreases.
The US dollar has significantly strengthened against other currencies while the baht weakened to Bt32.33-32.35 against the dollar at the opening today – a decline in line with other currencies in the region.