Share: USD/CNH remains firmer at two-week high despite upbeat Imports, Exports as Trade Balance deteriorates. Broad US Dollar strength, fears surrounding China economic growth propel offshore...
Share: USD/CNY has ended its high-level consolidation phase for a resumption of its core uptrend, in the view of analysts at Credit Suisse. USD/CNY to test...
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: Analyst at Danske Bank offers a brief overview of new measures rolled out by China on Sunday, to draw investors back into its battered stock...
Share: USD/CNH takes offers to reverse the previous day’s recovery moves, the first in three. China NBS Manufacturing PMI improves, Non-Manufacturing PMI eases in August. Convergence...
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: In a virtual SCO summit on Tuesday, China’s President Xi Jinping said that they “should focus on practical cooperation and accelerate economic recovery.” Additional takeaways...
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: 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...