Though this timeline may disappoint investors looking for a quick profit, Einhorn noted a few reasons to buy the stock now.
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 ...
Shares of CNH Industrial (CNH) are up 56c, or more than 5% to $10.61 in after-hours trading after Greenlight Capital’s David Einhorn revealed a new long position in the stock. Published first on ...
In 2023, the Global Heavy Construction Equipment Market size, valued more than USD 198 billion, faced challenges such as ... Major companies in the Market include Caterpillar Inc., CNH Industrial N.V.
The Autonomous Construction Equipment Market is projected to grow from USD 4.43 billion in 2024 to USD 9.86 billion by 2030, ...
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 ...
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 ...
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 ...
SHANGHAI, - China's yuan skidded to a 3-1/2-month low against the dollar on Tuesday, hurt by broad strength in the U.S. currency and persistent market worries over higher tariffs on Chinese goods ...
Global investment banks are rushing to trim their forecasts for the Chinese yuan amid the looming threat of rising trade ...