For the second day in a row, CNY fix came in much stronger than expected. USD/CNH was last at 7.2596, OCBC’s FX analysts ...
USD is likely to edge higher; any advance is unlikely to break above 7.2600. In the longer run, the level to monitor now is 7 ...
USD/ CNH Below 7.25-lv to Log 3Mth Low; HSI Plunges 600Pts+ Missing 19,800-lv, as SZ/ SH Mkts Subdued Inflation Rate YoY for ...
Overnight volatility in the U.S. dollar versus the offshore Chinese yuan (CNH) soared to an all-time high, underlining ...
The USD Index leaped 1.5% to 105.01. USD/ CNY slid 586 bps or 0.8% to 7.1641. USD/ CNH tumbled 926 bps, bottoming at 7.1922; ...
The Chinese yuan weakened against the U.S. dollar. The “materializing threat of trade war 2.0, a disappointing China stimulus package and PBOC’s neutral CNY fixing policy are fueling” yuan deprecation ...
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to ...
Copper Futures, US Dollar Chinese Yuan Offshore, Iron ore fines 62% Fe CFR Futures. Read David Scutt's latest article on ...
As previously reported, Northland downgraded CNH Industrial (CNH) to Market Perform from Outperform with an unchanged price target of $18 after the company reported “disappointing” Q3 results ...
Truist Financial analyst Jamie Cook reiterated a Buy rating on CNH Industrial (CNH – Research Report) today and set a price target of $14.00. The company’s shares closed last Friday at $10.66.
And no, I don’t mean Trump’s presidency, but that’s true as well. I mean the rally in the USD Index and the declines in the ...
One of the more popular trades in recent memory was the yen carry trade (JPY=X), which backfired after the Bank of Japan started a rate hiking cycle. While it resulted in a sell-off on Monday, will ...