The settlement exchange rate of 20:00-24:00 USD is the highest. This period is the overlapping trading period of London market and new york market, the intensive interval of foreign exchange trading of banks in various countries, and the period with the largest number of block transactions. Market volatility is the most frequent, which also means that investors have more profit opportunities. During the new york period, a series of fundamental data such as US GDP data, interest rate decisions, CPI, PPI, unemployment rate, non-agricultural reports, and public statements by Fed officials will have an important impact on the market at this time.

The meaning of enterprise's foreign exchange settlement and the materials to be submitted

In fact, the settlement of foreign exchange by an enterprise refers to the process that an enterprise sells its foreign exchange income to a designated foreign exchange bank at the exchange rate of the day, and the bank collects foreign exchange and converts it into RMB for the enterprise. The information, receipt memo and income and expenditure declaration form that enterprises need to submit for foreign exchange settlement are all printed out by computer. Copy of customs import and export right certificate. Print contract registration and withdrawal registration pages on the online service platform. Print out the page of foreign exchange receivable quota at the electronic port. The above forms should be prepared in advance so that you can apply for settlement of foreign exchange directly on the online service platform.