I noted earlier the hit the USD was taking from the strong CNY setting: The PBOC cracking 7.1 in its USD/CNY fix has sent the …
Category: Forex Short News
China’s deflation pressures eased slightly in September, though price declines remain entrenched, leaving the economy on course for its longest deflationary stretch since market reforms …
In its intensifying trade dispute with Washington, Beijing believes it has found a key point of U.S. vulnerability: President Trump’s obsession with the stock market, …
China September CPI -0.3% y/y vs. expected -0.2%, prior -0.4% CPI +0.1% m/m expected +0.2%, prior 0% PPI -2.3% y/y expected -2.3%, prior -2.9% for …
7.1 is a ’round number’ psychological level for the USD/CNY refernce rate fixing. Today: PBOC sets USD/ CNY mid-point today at 7.0995 !!! (vs. estimate …
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
JPMorgan Chase CEO Jamie Dimon said it’s now “semi-rational” for investors to hold gold, acknowledging that the metal’s appeal has strengthened amid today’s uncertain market …
RBNZ’s Conway speaking with Bloomberg TV: The 50bps rate cut was a very finely balanced decision Bit nerve wracking with inflation at the top of …
10am US Eastern time EUR/USD option strikes: 1.16 around 4bn EUR This article was written by Eamonn Sheridan at investinglive.com.
The euro may weaken in the months ahead if expectations rise for further European Central Bank (ECB) rate cuts, according to a report from Standard …