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USDMOP

$--
--%
1d
1w
1m

Analysis and statistics

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  • 52 Week Change
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  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
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About

USDMOP.FOREX represents the exchange rate between the US Dollar (USD) and the Macanese Pataca (MOP) in the foreign exchange market. It reflects the price of one US dollar in terms of Macanese Patacas, indicating how many Patacas are needed to purchase one US dollar at a specific point in time. Fluctuations in this rate are influenced by factors affecting the economies of both the United States and Macau, including interest rates, inflation, economic growth, and geopolitical events. Trading this pair allows participants to speculate on or hedge against movements in the relative values of the USD and MOP.
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Factors

Economic indicators: US and Macau's economic growth, inflation, and employment figures influence currency values.

Interest rate differentials: Differences in interest rates set by the US Federal Reserve and the Monetary Authority of Macao impact capital flows.

Political stability: Political events and government policies in both the US and Macau can create volatility.

Trade balance: The balance of trade between the US and Macau affects demand for each currency.

Market sentiment: Overall investor confidence and risk appetite can drive short-term fluctuations.

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