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The offshore yuan is weak heading into the pboc fixing today - but it's a long way to 7.33
We get the People's Bank of China reference rate just after 0115 GMT, which is 9.15pm US Eastern time. Pboc...
June 29, 2023, 12:56 am
Pboc is expected to set the usd/cny reference rate at 7.2540 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...
June 29, 2023, 12:14 am
Award by talley digital media’s founder bret talley celebrates individuals overcoming adversity on the road to success
bocA RATON, Fla., June 28, 2023 (GLOBE NEWSWIRE) — Bret Talley, founder of Talley Digital Media, a Fl...
June 28, 2023, 6:11 pm
Why the us dollar is leaping higher today
The US dollar is leaping higher as North American trading picks up.The commodity currencies and pound are being hit particularly hard and USD/JPY touc...
June 28, 2023, 12:56 pm
Copper technical analysis
Copper has been declining ever since the "China reopening" trade failed. Disappointing economic data from China, coupled with the lack of action from ...
June 28, 2023, 10:02 am
Usd/cad price analysis: eased cad cpi lowers boc hike bets
Canada’s annual inflation rate decreased to 3.4% from April’s 4.4%. Money markets perceive a roughly 60% likelihood of a ...
June 28, 2023, 7:51 am
Why tesla's opening of its supercharger network could turbocharge the stock
It's not often that a corporation can reshape an entire industry with a single decision. Now, Tesla TSLA, +3.80% is doing exactly that by opening its ...
June 28, 2023, 7:25 am
China’s booster from premier li qiang may not last
China’s Premier Li Qiang’s morale booster speech during yesterday’s opening of the World Economic Forum’s 14th Annual Meeting of the New Champ...
June 28, 2023, 7:22 am
Forexlive asia-pacific fx news wrap: australian inflation surge slows a little
The Swiss National Bank will be publishing a report on monetary policy on WednesdayBOJ will intervene if USD/JPY threatens break of 150: "intervention...
June 28, 2023, 2:55 am
Pboc sets usd/ cny mid-point today at 7.2101 (vs. estimate at 7.2092)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
June 28, 2023, 1:15 am
Data on tuesday showed inflation well off its highs in canada - bank of canada implication
The May 2023 inflation data from Canada is here:Canada May CPI 3.4% y/y versus 3.4% expectedRBC provide a "bottom line" forecast of what it means for ...
June 28, 2023, 12:34 am
Pboc is expected to set the usd/cny reference rate at 7.2092 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (Pboc),...
June 28, 2023, 12:15 am
Canada may cpi 3.4% y/y versus 3.4% expected
Lowest reading since June 2021Prior was 4.4%CPI m/m +0.4% vs +0.5% expectedPrior m/m reading was 0.7%Gasoline prices -18.3% vs -7.7% y/y in prior mont...
June 27, 2023, 12:30 pm
Usd/cad: loonie may not fall out of markets’ favours just yet as boc will go for another hike in july – ing
Today’s inflation data in Canada will be key to driving market expectations for the boc’s July deci...
June 27, 2023, 10:44 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):P...
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):P...
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 P...
June 27, 2023, 1:30 am
Pboc sets usd/ cny central rate at 7.2098 (vs. estimate at 7.2194)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
June 27, 2023, 1:19 am
Pboc 1 of only 2 g10 central banks in easing mode. weak yuan. not currency rocket science.
Via National Australia Bank, comments on the Chinese yuan:June-to-date changes for major currencies shows the standouts are the 2.9% rise in USD/JPY a...
June 27, 2023, 12:46 am