Share: “The RMB (Chinese Yuan) exchange rate has accelerated adjustments, but the benchmark situation of a steady rise has not changed, showing a two-way fluctuation and...
Share: USD/CNH marks yearly peak reversal while poking three-day uptrend. China President Xi endures friendship with Central Asian leaders, advocates for stable, wealthy region. US Dollar...
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0356 versus the previous close of 7.0370 and estimate at 7.0392....
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.7905 vs. the estimate at 6.7900 and the last close of...
In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.7382 vs. the last close of 6.7357. About the fix China maintains...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7604 vs. the estimate at 6.7607 and the last close of...
Reuters reported that the People’s Bank of China will roll over a lending tool for supporting carbon emission reduction to the end of 2024, The PBoC...
USD/CNH consolidates weekly gains with mild daily losses. The PBOC keeps one-year, five-year loan prime rates (LPRs) unchanged. US Dollar’s inability to cheer hawkish Fedspeak weighs...
AUD/NZD has dropped to near 1.0750 on downbeat Australian Employment data. A one-time weak employment report might not de-rail the RBA from its path of policy...
Japanese stocks have witnessed an intense sell-off as investors have turned anxious ahead of BOJ policy. Chinese equities are riding a bull run on expectations of...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7135 vs. the previous fix of 6.7292 vs. the previous close...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7292 versus the last close of 6.7260. About the fix China...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.7756 vs. the last close of 6.7780. About the fix China...
AUD/JPY clings to mild gains around three-week high. Australia Building Permits slumped in November, Tokyo markets are off for Coming-of-Age Day. China-linked headlines propel risk-on mood...
NZD/USD begins the week on a softer footing after Friday’s heavy jump, picking up bids of late. US data drowned Treasury yields, DXY but Fed Officials...
“The world’s second-largest economy is expected to quickly rebound because of the country’s optimized Covid-19 response and after its economic policies continue to take effect,” Bloomberg...
USD/CNH is inches away from surpassing the immediate resistance of 0.6950 as the Chinese Retail Sales contracted further. Chinese annual Retail Sales data (Nov) has contracted...
USD/CNH has surrendered the critical support of 6.9500 as China’s Inflation has landed at 1.6% vs. 1.0% as expected. Dovish commentary is expected from the PBOC...
AUD/JPY is looking to shift its trading profile above 92.50 amid positive market cues. The sustainability of contraction in the Japanese economy has refreshed fears of...
AUD/USD is oscillating below 0.6800, more upside seems favored amid the risk appetite theme. The commentary from Janet Yellen that the US could avoid recession has...