On Friday, the People’s Bank of China (PBOC) maintained the interest rate at 2.00% and injected 200 billion Yuan ($27.46 ...
USD/CNH fell sharply below 7.26 at one point after Trump announced there was no immediate plans for tariffs and calls for ...
USD/ CNH continued to hike today (24th), and once approached the 7.25 mark, peaking at 7.2503. USD/ CNH last escalated 294 ...
Spot USD/CNY swelled 462 bps to close at 7.2412 today (24th), setting an over-one-month high. As of 4:35 pm, USD/CNY in the ...
Without a significant undershoot in US inflation data on Wednesday or a substantial upside surprise in China’s economic data on Friday, the trajectory of USD/CNH may hinge on whether Donald ...
Investing.com – Most Asian currencies rebounded on Friday as the dollar weakened following President Donald Trump’s call for ...
The dollar may remain below 7.3000 against the offshore Chinese yuan for now, DBS Group Research said.
The Fed is expected to keep interest rates on hold but the larger story unfolding will be how the central bank confronts early moves by Trump.
Asian currencies strengthened markedly against the dollar on Trump’s comment that he would rather not impose tariffs on China, implying the potential of a trade deal between the two countries.
Asian currencies rose slightly on Monday as the U.S. dollar weakened ahead of President-elect Donald Trumps inauguration.
As of 12:02:59 AM GMT. Market Open.
Bank of America (NYSE: BAC) (BofA) noted a significant increase in repo rates during the week of January 13 due to heightened ...