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/ 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 ...
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Copper Futures, US Dollar Chinese Yuan Offshore, Iron ore fines 62% Fe CFR Futures. Read David Scutt's latest article on ...
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.
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 ...
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 ...
USD/CNH traded higher but eased post CNY fix. Pair was last at 7.2236, OCBC’s FX analysts Frances Cheung and Christopher Wong ...