Forexlive asia-pacific fx news wrap: pboc set yuan stronger than expected

Moody's says the US economy can absorb the impact of China's slower growthGoldman Sachs forecast that the BoE will raise rates by another 50 basis poi...

June 29, 2023, 3:00 am

Forexlive asia-pacific fx news wrap: pboc slows the fall in the yuan

Bank of Canada Deputy Governor Kozicki speaking Tuesday on inflationMorgan Stanley on US stocks - "risks for a major correction have rarely been highe...

June 27, 2023, 2:58 am

Aud/usd higher after yuan set higher

The AUD is a dog on a lead, yuan in charge. Earlier, a higher than expected reference rate for the CNY (lower than expected USD/CNY):PBOC sets USD/ CN...

June 27, 2023, 1:54 am

Offshore yuan is leaping higher

Tracking yuan moves, these from earlier - a higher than expected reference rate for the CNY (lower than expected USD/CNY):PBOC sets USD/ CNY central r...

June 27, 2023, 1:52 am

Pboc set the onshore yuan stronger than expected, usd/cnh tumbling

I posted earlier on likely moves from the People's Bank of China to slow down the drop for the yuan:Yuan has had a one-way ticket to weakness. The PBO...

June 27, 2023, 1:30 am

The pboc set onshore yuan at its weakest since early november 2022, plus big omo injection

The reference rate is here, the weakest for onshore yuan since November 10 last year:PBOC sets USD/ CNY...

June 26, 2023, 1:25 am

yuan stablecoin team arrested, wechat’s new bitcoin prices, hk crypto rules: asia express

Chinese RMB stablecoin issuer’s Shanghai office reportedly deserted after police raid, and WeChat offers Bitcoin prices — but for how long? Read F...

June 1, 2023, 11:59 pm

New zealand dollar to chinese yuan spot exchange rates for 2023

Below is a table showing 119 days of historical exchange rates data for the year of 2023, covering the New Zealand Dollar (NZD) to Chinese Yuan (CNY) ...

May 1, 2023, 5:59 pm

Cyb: betting on a cyclical yuan rebound

With China on the rebound, the WisdomTree Chinese yuan strategy Fund's hassle-free Yuan exposure is wor...

April 5, 2023, 10:42 pm

Zoom cuts workforce by 15% as pandemic-driven demand wanes

CEO Eric yuan says ‘We worked tirelessly...

February 7, 2023, 7:24 pm

Zoom slashes 15% of staff in latest tech layoffs

CEO Eric yuan says the cuts are due to economic uncertainty....

February 7, 2023, 4:59 pm

Zoom reducing headcount by 1,300

Zoom is reducing its headcount by 15%, CEO Eric yuan said in a blog post published on Tuesday on the vi...

February 7, 2023, 1:11 pm

Ing on why demand for yuan in the onshore market should increase

This snippet as a reminder from ING on looking out for yuan strength in the weeks ahead:

• ...

  January 4, 2023, 1:02 am

China's yuan set for biggest yearly loss since 1994

And that is despite a surging recovery in the currency over the past two months, with USD/CNY having 7.30 at th...

December 30, 2022, 8:59 am

Fresh reality check drives stocks, bonds and crypto lower but dollar up

The dollar strengthened 0.8% against the New Zealand currency, 0.6% relative to sterling, 0.5% versus the Australian and Canadian dollars, and 0.4% vi...

December 22, 2022, 4:24 pm

Pboc sets yuan midpoint at 6.9565 vs last close at 6.9598

The yuan setting was almost exactly as forecast.

The yuan has stabilized after the recent rall...

December 12, 2022, 1:20 am

Nio and xpeng: buy the balance sheet and autonomous capability - time to spend money

China has finally reopened, with market analysts projecting an optimistic 5% GDP growth in 2023 against 6% in 2019, attributed to its 300B ...

December 10, 2022, 11:00 am

China ytd (jan - nov) trade data show both exports and imports rising (yuan terms)

China's YTD trade balance is 5.34 tln yuan surplus

• exports +11.9% y/y
• imports +4....

  December 7, 2022, 3:07 am

Dollar weakens, yuan soars on chinese reopening hopes

By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday and the Chinese yuan ...

December 5, 2022, 9:14 am

Usd broadly stronger but nzd rises with it

US Fed officials singing from the same songsheet – one good CPI print hasn’t changed the policy outlook for higher rates. Market unwinds a little ...

November 14, 2022, 7:31 pm