Share: USD/CNH retraces the previous day’s gains on China’s positive economic data. PBoC has reduced the Reserve Requirement Ratio by 25 bps. US Dollar (USD) is...
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...