Chinese Yuan Beats the US Dollar in One Key Location
The Us Dollar has been replaced by the Chinese yuan as the foreign currency of choice in Moscow following ongoing US sanctions. Full Article
Chinese Yuan Makes Some Gains Against US Dollar – USD/CNH Range-bound
The Chinese yuan is enjoying some strengthening against the weakening US dollar on Wednesday after the PBOC set the official midpoint rate Full Article
Chinese Yuan Makes Some Gains But Set For Weekly Loss Against US Dollar
The Chinese yuan is recovering some of its strength against the US dollar on Friday but is all set to post a decline in value for the Full Article
US Dollar Gains as Stimulus Talks Fail to Make Progress
The US dollar is making gains against its riskier counterparts after discussions about the next round of fiscal stimulus measures failed to Full Article
China’s Exports Rise During April, Beat Economists’ Forecast
Customs data reveals that dollar denominated exports from China increased by 3.5% YoY during April, instead of falling by 15.7% as forecast Full Article
China’s Manufacturing and Services Sectors Rebound Into Expansion in March
China's official manufacturing PMI surged to 52 in March from 35.7 in February, rising above the 50-threshold indicating expansion in the Full Article
PBOC Cuts 7-Day Repo Rate, Injects Liquidity
The PBOC announced a surprising 20bp cut in reverse repurchase agreements to offset some impact of the pandemic on its economy. Full Article
Disappointing Economic Data Releases From China Heighten Possibility of Economic Contraction in Q1 2020
Industrial production in China experienced the steepest decline in 30 years during January and February 2020 on account of the coronavirus Full Article
Inflation Weakens in China on Account of Coronavirus
Recent data released by the National Bureau of Statistics (NBS) reveals that producer prices in China witnessed a decline during the month Full Article
Chinese Yuan Weakens to One-Month Low as Markets Worry About Economic Impact of Coronavirus
The Chinese yuan is trading close a one-month low against the US dollar over raised concerns about the possible impact of the coronavirus Full Article
Chinese Yuan Weakens Against the US Dollar Over Fears of Coronavirus Epidemic
The optimism around the US-China phase one trade deal has faded and the Chinese yuan has weakened against the US dollar over rising fears of Full Article
USD/CNH Bearish as US Treasury Department Stops Calling China a Currency Manipulator
The Chinese yuan is making gains and trading bullish against the US dollar early on Tuesday after the US Treasury Department announced its Full Article
Chinese Yuan Could Recover After the Signing of the Phase One Trade Deal, But..
The Chinese yuan is set to strengthen once the US and China sign the phase one trade deal and trade tensions recede, but could experience Full Article
Chinese Yuan Buoyed by Reports of Positive Developments in US-China Trade Talks
The Chinese yuan is trading bullish against the US dollar over increasing optimism in global financial markets for a possible resolution in Full Article