Share: On Friday, the People’s Bank of China (PBOC) fixed the USD/CNY central rate at 7.2150, compared with Friday’s fix of 7.2150 and market expectations of 7.3437. ...
Share: AUD/USD continues with its struggle to gain any meaningful traction on Monday. The PBoC’s 10 bps rate cut fails to impress bulls or provide any...
Share: USD/CNH picks up bids to refresh intraday high after China infuses market liquidity. PBoC cuts one-year LPRs, China Commerce Ministry offers help to farmers. Mixed...
Share: USD/CNH bounces off intraday low but defends week-start bearish move. 10-year yield gap between US and China jumps to the highest since 2007. Markets fear...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1988 on Wednesday, versus the previous fix of 7.1992 and market expectations of 7.3050. It’s worth noting that...
Share: Economists at Société Générale make an upward revision to USD/CNY. An arduous march to 7.60 by the end of 2023 We revise up our year-end...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1886 on Thursday, versus the previous fix of 7.1988 and market expectations of 7.2791. It’s worth noting...
Share: USD/CNH drops to more than one-week low, stays pressured near intraday bottom of late. PBoC keeps defending Yuan with heavy OMOs, pours cold water on...
Share: The People’s Bank of China (PBoC) set the USD/CNY central rate at 7.1466 on Thursday, versus the previous fix of 7.1486 and market expectations of...
Share: USD/CNH seesaws at the lowest levels in a month, bounces off intraday low of late. Chatters about China’s need for more stimulus jostle with downbeat...
Share: People’s Bank of China (PBoC) set the USD/CNY central rate at 7.2054 on Friday, versus previous fix of 7.2098 and market expectations of 7.2423. It’s...
Share: USD/CNH remains pressured around intraday lows, stretches pullback from highest level since November 2022. China Caixin Manufacturing PMI came in better than forecast to 50.5...
Share: NZD/USD has displayed a perpendicular decline to near 0.6130 amid a risk-off mood. S&P500 futures have extended their downside as investors are getting cautious ahead...
Share: USD/CAD is showing lackluster action following the footprints of the sideways USD Index and oil prices. Interest rate guidance and a detailed explanation behind a...
Share: USD/CNH takes the bids to prod the highest levels since late November 2022, up for the third consecutive day. PBOC cuts 7-day Repo Rate to...
Share: A Vice Governor at the People’s Bank of China (PBOC) said on Thursday, the central bank has the ability to maintain stable FX market operations....
Share: USD/CNH rises for the fifth consecutive day to prod late November 2022 high. Multiple Chinese banks cut rates to fuel speculations of PBoC rate reduction....
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.1196 vs. the last close of 7.1180. About the fix China...
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0939 vs. the prior close of 7.0990. About the fix China...
Share: People’s Bank of China (PBOC) holds its benchmark monetary policies The rates, namely the Loan Prime Rates (LPR), were unchanged during Monday’s announcement. Given the...