Share: USD/CNH takes the bids to refresh multi-day high marked the previous day on mixed China data. China’s official PMIs came in softer-than-previous readings, Non-Manufacturing PMI...
Share: In recent trade today, the People’s Bank of China (PBOC) set the yuan at 7.0529 vs. the last close of 7.0605. 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...
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...
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...
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...
Investors are awaiting US/China inflation data for fresh cues. The absence of follow-up buying after a Double Bottom formation indicates a lack of strength in the...
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...
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...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.9606 vs. the last close of 6.9693. About the fix China...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 7.0542 vs. the last close of 7.0550. About the fix China...
USD/CNH has sensed barricades after a mild recovery around 7.0600 amid upbeat Caixin Manufacturing PMI. China’s official Manufacturing PMI has landed at 49.4 vs. expectations of...
In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) at 7.1225 vs. the last close of 7.0929. About the fix China...