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forex cross rate

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Forex Cross Rate

Forex cross rates provide investors with the latest news and introduction of exchange rates, as well as cross exchange rate tables.Investors can know the foreign exchange cross rates between dozens of currencies on the page of "Forex Cross Rate", most of which are the most popular currencies in the world, such as euro, U.S. dollar, Japanese yen, British pound, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar. At the same time, investors will also get free access to the latest news and economic calendars of various currencies on the page of "Forex Cross Rate".

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NewsEconomic Calendar

According to the Axios website: U.S. officials said Iran launched a ballistic missile at a U.S. military base in Jordan.

News Flash28-07 22:13From XTrend Speed
According to the Axios website: U.S. officials said Iran launched a ballistic missile at a U.S. military base in Jordan.

Goldman Sachs Remains Bullish on Japanese AI Sector: Post-Plunge Sell-Off Presents Buying Opportunity. Goldman Sachs stated that the sharp sell-off in Japanese AI-related stocks has created a buying opportunity, and believes that strong earnings prospects could revitalize investor interest in semiconductor stocks. Bruce Kirk, Goldman Sachs' chief Japan equity strategist, said that this correction has lowered the threshold for earnings to impress investors, leaving many AI-related stocks at levels where better-than-expected earnings could have a greater impact on share prices. He stated, "As long as you don't believe there will be a substantial deterioration in the geopolitical situation, current levels seem like a good time to add some positions. We believe the AI story is not over." Kirk expects investor focus to return to fundamentals. "Ultimately, it will all come down to earnings," he said. "Strong earnings at levels much lower than at the end of June should allow investors to refocus on the AI earnings story." However, Kirk expects short-term volatility to continue as investor positions remain crowded. Goldman Sachs' prime brokerage data shows that hedge funds' total and net holdings in Japan are both above 98% of their five-year range, historically high levels.

News Flash28-07 21:47From XTrend Speed
Goldman Sachs Remains Bullish on Japanese AI Sector: Post-Plunge Sell-Off Presents Buying Opportunity. Goldman Sachs stated that the sharp sell-off in Japanese AI-related stocks has created a buying opportunity, and believes that strong earnings prospects could revitalize investor interest in semiconductor stocks. Bruce Kirk, Goldman Sachs' chief Japan equity strategist, said that this correction has lowered the threshold for earnings to impress investors, leaving many AI-related stocks at levels where better-than-expected earnings could have a greater impact on share prices. He stated, "As long as you don't believe there will be a substantial deterioration in the geopolitical situation, current levels seem like a good time to add some positions. We believe the AI story is not over." Kirk expects investor focus to return to fundamentals. "Ultimately, it will all come down to earnings," he said. "Strong earnings at levels much lower than at the end of June should allow investors to refocus on the AI earnings story." However, Kirk expects short-term volatility to continue as investor positions remain crowded. Goldman Sachs' prime brokerage data shows that hedge funds' total and net holdings in Japan are both above 98% of their five-year range, historically high levels.

1,132 employees of cutting-edge AI companies (OpenAI, Meta, Google, Anthropic, etc.) issued a joint statement. The statement pointed out that AI could create a far better future, but this outcome is not certain. Currently, leading AI companies believe that the automation of AI R&D is just around the corner. Although the specific degree of acceleration is difficult to predict, a real risk is approaching - the rapid breakthrough of AI capabilities may make its evolution faster than human understanding and control. In order to unleash the true potential of AI, industry, government and society urgently need to gain a time window. To respond to emerging risks, build security lines of defense, and strengthen regulatory frameworks. However, every company and even every country faces the competitive dilemma of “dare not slow down alone”. At present, the world still lacks effective tools from the technical to governance levels to prudently adjust the overall development pace of cutting-edge AI. The statement calls on the U.S. government to promote an international collaboration based on the existing cutting-edge model release monitoring mechanism to develop the necessary technology and governance tools to To carefully guide the automated AI R&D process. OpenAI chief scientist Jakub Pachotsky, OpenAI chief research officer Mark Chen, Anthropic co-founder and chief scientific officer Jared Kaplan, Meta chief scientist Shengjia Zhao and others all signed the statement. "I signed this statement in my personal capacity because I support greater 'optionality' in the scope of actions that can be taken," said Stephanie Chan, a research scientist at Google. To ensure that societies and governments around the world have time to think through, prepare and adjust for this powerful technology. "

News Flash28-07 21:33From XTrend Speed
1,132 employees of cutting-edge AI companies (OpenAI, Meta, Google, Anthropic, etc.) issued a joint statement. The statement pointed out that AI could create a far better future, but this outcome is not certain. Currently, leading AI companies believe that the automation of AI R&D is just around the corner. Although the specific degree of acceleration is difficult to predict, a real risk is approaching - the rapid breakthrough of AI capabilities may make its evolution faster than human understanding and control. In order to unleash the true potential of AI, industry, government and society urgently need to gain a time window. To respond to emerging risks, build security lines of defense, and strengthen regulatory frameworks. However, every company and even every country faces the competitive dilemma of “dare not slow down alone”. At present, the world still lacks effective tools from the technical to governance levels to prudently adjust the overall development pace of cutting-edge AI. The statement calls on the U.S. government to promote an international collaboration based on the existing cutting-edge model release monitoring mechanism to develop the necessary technology and governance tools to To carefully guide the automated AI R&D process. OpenAI chief scientist Jakub Pachotsky, OpenAI chief research officer Mark Chen, Anthropic co-founder and chief scientific officer Jared Kaplan, Meta chief scientist Shengjia Zhao and others all signed the statement. "I signed this statement in my personal capacity because I support greater 'optionality' in the scope of actions that can be taken," said Stephanie Chan, a research scientist at Google. To ensure that societies and governments around the world have time to think through, prepare and adjust for this powerful technology. "

Visa (V.N) CFO: World Cup-related spending helped boost U.S. payment volume growth.

News Flash28-07 21:26From XTrend Speed
Visa (V.N) CFO: World Cup-related spending helped boost U.S. payment volume growth.

Visa (V.N) Chief Financial Officer: World Cup-related spending also drove growth in U.S. payment volume.

News Flash28-07 21:26From XTrend Speed
Visa (V.N) Chief Financial Officer: World Cup-related spending also drove growth in U.S. payment volume.

Visa (V.N) Chief Financial Officer: Excluding post-epidemic recovery factors, U.S. payment transaction volume grew at the fastest rate since fiscal 2019.

News Flash28-07 21:25From XTrend Speed
Visa (V.N) Chief Financial Officer: Excluding post-epidemic recovery factors, U.S. payment transaction volume grew at the fastest rate since fiscal 2019.