Tag: PBOC

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PBoC Cuts Rates, Leaving Yuan Vulnerable

PBoC Cuts Rates, Leaving Yuan Vulnerable

Chinese Yuan (CNH) News and AnalysisUS-China relations take a step backwards and markets rue lack of stimulusUSD/CNH rises back to near overbought ter [...]
PBoC Cuts Rates, Leaving Yuan Vulnerable

PBoC Cuts Rates, Leaving Yuan Vulnerable

Chinese Yuan (CNH) News and AnalysisUS-China relations take a step backwards and markets rue lack of stimulusUSD/CNH rises back to near overbought ter [...]
US Crude Up After China Rate Cut, But Has The PBOC Done Enough?

US Crude Up After China Rate Cut, But Has The PBOC Done Enough?

Oil (WTI) News and AnalysisCrude prices edged higher in European tradeChina’s central bank trimmed its prime lending rates for the first time in ten m [...]
Copper Rebound Gains Pace After the PBoC Lowered Chinese Borrowing Costs

Copper Rebound Gains Pace After the PBoC Lowered Chinese Borrowing Costs

Copper News and AnalysisChina lowers short-term lending rates to support economic recoveryIndustrial metals like copper benefitted from a lift in sen [...]
PBOC sets USD/ CNY central rate at 6.8847 (vs. estimate at 6.8853)

PBOC sets USD/ CNY central rate at 6.8847 (vs. estimate at 6.8853)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu [...]
Chinese yuan approaches 7 level as PBOC slashes midpoint rate … – Investing.com Canada

Chinese yuan approaches 7 level as PBOC slashes midpoint rate … – Investing.com Canada

Chinese yuan approaches 7 level as PBOC slashes midpoint rate ...  Investing.com Canada m.ca.investing.com [...]
PBOC sets USD/ CNY mid-point today at 7.2472 (vs. estimate at 7.2523)

PBOC sets USD/ CNY mid-point today at 7.2472 (vs. estimate at 7.2523)

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu [...]
USD/CNY drops below 7.30 afte PBOC intervenes in FX market

USD/CNY drops below 7.30 afte PBOC intervenes in FX market

The Chinese yuan was once again rescued by the People’s Bank of China (PBOC) after Reuters reported, citing sources, major Chines [...]
PBOC expected to set yuan midpoint at 7.1192 vs 7.1086 previously – ForexLive

PBOC expected to set yuan midpoint at 7.1192 vs 7.1086 previously – ForexLive

PBOC expected to set yuan midpoint at 7.1192 vs 7.1086 previously  ForexLive www.forexlive.com [...]
The ECB and PBoC have extended their currency swap deal for a further three years

The ECB and PBoC have extended their currency swap deal for a further three years

The existing deal has been extended out to 8 October 2025. The maximum size is unchanged at 350 billion renminbi and 45 billion euros.ECB statement:"F [...]
China’s PBOC expected to set yuan mid point at 7.1215

China’s PBOC expected to set yuan mid point at 7.1215

Volatility has picked up in yuan trading and China is back from a holiday today so it will be worth watching closely. There's some talk of USD selling [...]
China forex regulator warns against illegal money outflows

China forex regulator warns against illegal money outflows

BEIJING, Sept 30 (Reuters) - China's foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack [...]
Chinese Yuan Tumbles After PBoC Rate Cut, Fed Fears Hit Asia FX By Investing.com

Chinese Yuan Tumbles After PBoC Rate Cut, Fed Fears Hit Asia FX By Investing.com

© Reuters. By Ambar Warrick  Investing.com-- China’s yuan sank further below key levels on Monday after more monetary easing in the country, w [...]
AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink

AUD/USD Buoyed After PBOC Action as Wall Street Stocks Sink

Australian Dollar, AUD/USD, PBOC, Gold, Natural Gas, Technical Outlook - TALKING POINTSAustralian Dollar stays afloat despite a deep pullback in sent [...]
Australian Dollar Eyes PBOC Rate Cuts Amid Protracted China Power Woes

Australian Dollar Eyes PBOC Rate Cuts Amid Protracted China Power Woes

Australian Dollar, AUD/USD, China, PBOC, Rates, Technical Outlook - TALKING POINTSAPAC markets set to open the week on shaky ground after China exten [...]
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