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 ...
Spot USD/CNY plummeted 479 bps to close at 7.2378 today (12th). As of 4:35 pm, USD/CNY in the night session slipped 271 bps. Separately, USD/CNH sank below the 7.25-mark, setting a three-month low.
Currency traders have placed new bets that the euro and yuan will be the hardest hit as US President-elect Donald Trump’s ...
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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 ...
The British pound is likely to resume its downtrend against dollar after breaking below key support, UOB said. GBP/USD was little changed at 1.2743.
Global investment banks are rushing to trim their forecasts for the Chinese yuan amid the looming threat of rising trade ...
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...