Tag: USDCNY

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USD/CNY: Weak Yuan Would Most Impact Southeast Asian Currencies

USD/CNY: Weak Yuan Would Most Impact Southeast Asian Currencies

China watchers calling for Beijing to loosen its grip on the besieged yuan need to be mindful of the risk that it unleashes a chain reaction rocking e [...]
AUD/USD Slipping Lower on Easter As USDCNY Crawls Higher – FX Leaders

AUD/USD Slipping Lower on Easter As USDCNY Crawls Higher – FX Leaders

AUD/USD Slipping Lower on Easter As USDCNY Crawls Higher  FX Leaders www.fxleaders.com [...]
Explainer: the PBOC USD/CNY fix and how it impacts FX markets – FOREX.com

Explainer: the PBOC USD/CNY fix and how it impacts FX markets – FOREX.com

Explainer: the PBOC USD/CNY fix and how it impacts FX markets  FOREX.com www.forex.com [...]
Explainer: the PBOC USD/CNY fix and how it impacts FX markets – FOREX.com

Explainer: the PBOC USD/CNY fix and how it impacts FX markets – FOREX.com

Explainer: the PBOC USD/CNY fix and how it impacts FX markets  FOREX.com www.forex.com [...]
ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27

ForexLive Asia-Pacific FX news wrap: USD/CNY mid-rate set lowest since September 27

Federal Reserve speakers Wednesday: Powell, Cook, Williams, Barr, JeffersonEuropean Central Bank speakers for Wednesday, 8 November 2023 include head [...]
Multiple China banks cut Yuan deposit rates, likely lowering interest rates on existing mortgages

Multiple China banks cut Yuan deposit rates, likely lowering interest rates on existing mortgages

A slew of China banks cut interest rates on Yuan deposits early Friday while citing the readiness to ease the pressure from lower mortgage ra [...]
USD/CNY: Yuan Drop Belies More Trouble Ahead for China – Forex Factory

USD/CNY: Yuan Drop Belies More Trouble Ahead for China – Forex Factory

USD/CNY: Yuan Drop Belies More Trouble Ahead for China  Forex Factory www.forexfactory.com [...]
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 [...]
USD/CNY pushes past 7.10 as yuan decline extends further

USD/CNY pushes past 7.10 as yuan decline extends further

Considering recent actions, I would argue that China did think about drawing a hard line in USD/CNY somewhere close to 7.00 but prevailing market fund [...]
China opens door to more monetary easing actions ahead

China opens door to more monetary easing actions ahead

The policy has taken a more dovish tilt in China, aimed at "economic stability". China’s cut of two key policy interest rates ope [...]
Fed policy shift impact on China’s forex market controllable

Fed policy shift impact on China’s forex market controllable

“In case the US Federal Reserve alters its monetary policy stance, its impact on China's foreign exchange market is controllab [...]
Yuan FX fee isn’t a instrument to fight commodity inflation – Bloomberg

Yuan FX fee isn’t a instrument to fight commodity inflation – Bloomberg

The Individuals’s Financial institution of China (PBOC) clarified Thursday that the trade fee changes can't be used as a instr [...]
PBoC change in FX coverage priorities to weigh on the greenback – ING

PBoC change in FX coverage priorities to weigh on the greenback – ING

A central financial institution official has immediately proposed that China ought to let the yuan respect to offset the risin [...]
USD/CNY Flat amid Broad Monetary Market Slide, PBoC Tightening — Foreign exchange Information

USD/CNY Flat amid Broad Monetary Market Slide, PBoC Tightening — Foreign exchange Information

The Chinese language yuan traded comparatively flat in opposition to its US peer on Tuesday as international m [...]
Continued pop for USD/CNY is the consensus anticipated in the present day – ForexLive

Continued pop for USD/CNY is the consensus anticipated in the present day – ForexLive

Continued pop for USD/CNY is the consensus anticipated in the present day  ForexLive www.forexlive.com [...]
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