On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1321 as compared to the previous day’s fix of 7.1287 and 7.1871 Reuters estimate. PBOC FAQs The primary monetary policy objectives of the People’s Bank of China (PBoC) are to safeguard price stability, including exchange rate…
China Producer Price Index (YoY) below forecasts (-3.3%) in July: Actual (-3.6%) Source link
China Consumer Price Index (YoY) above forecasts (-0.1%) in July: Actual (0%) Source link
China Consumer Price Index (MoM) above expectations (0.3%) in July: Actual (0.4%) Source link
China Producer Price Index (YoY) below forecasts (-2.6%) in April: Actual (-2.7%) Source link
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US Dollar could test 7.3100 vs Chinese Yuan; a sustained break above this level seems unlikely. In the longer run, strong advance indicates there is potential for USD to rise to 7.3250, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note. There is potential for USD to rise to 7.3250 24-HOUR VIEW: “When…
China Consumer Price Index (YoY) above expectations (0.4%) in January: Actual (0.5%) Source link
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1894, as compared to the previous day’s fix of 7.1982 and 7.2227 Reuters estimates. Source link
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1991, as compared to the previous day’s fix of 7.1927 and 7.2305 Reuters estimates. Source link