Tag Archives: Yuan

Yuan Firms as Tariff Truce Lifts Sentiment

Weaker dollar, upbeat growth outlook, and cautious daily fixings support short-term yuan strength. – vtmarkets.com

Offshore Yuan Depreciates on Strong US Dollar

The offshore yuan depreciates past 7.25 per dollar as US dollar strength grows, with Powell’s remarks and PBOC’s reduced support adding to pressure. -vtmarkets.com

Yuan Weakens as PBOC Sets Softest Fixing

USD/CNH nears 7.2410 resistance as yuan weakens; PBOC holds rates steady. Traders eye Fed policy and trade shifts for next move. – vtmarkets.com

Offshore Yuan Falls as Trade Tensions Escalates

Offshore yuan weakens past 7.28 as US tariffs escalate trade tensions. USD/CNH nears 7.2865 amid rising geopolitical risks. – vtmarkets.com

USDCNH Steadies Against Yuan Weakness

The USDCNH pair remains steady as traders weigh China’s stimulus measures and the yuan’s drop, reflecting cautious market sentiment. – vtmarkets.com

USDCNH on the Move Amid Beijing’s Stimulus

Beijing’s stimulus package is boosting Chinese stocks, but its effect on the yuan is under scrutiny as USDCNH continues its bullish momentum. Traders are closely watching the interplay between China’s economic recovery efforts and U.S. economic data for market direction. – vtmarkets.com

The Chinese yuan strengthens to a 16-month high on Fed rate cut

The Chinese yuan surges to a 16-month high as traders bet on stimulus from Beijing, following the recent rate cut by the U.S Federal Reserve. Explore the latest market movements and trader outlook. -vtmarkets.com

Offshore yuan rebounds as Trump’s election prospects decline

Offshore yuan rebounds past 7.11 per dollar as Donald Trump’s chances of winning the U.S. presidency decline, reducing tariff threats. Traders now focus on U.S. inflation and key Chinese economic data. -vtmarkets.com

Chinese yuan edges higher as the US dollar softens ahead of rate cut anticipation 

The Chinese yuan advanced on Monday, supported by a weakening U.S. dollar as the markets anticipate upcoming Federal Reserve rate cuts. However, weak Chinese economic data may limit further gains.

Dollar eases as Biden withdraws reelection bid; yuan remains steady after rate cut

The dollar eased on Monday following U.S. President Joe Biden’s decision to end his reelection campaign, which opens the door for another Democrat to challenge Donald Trump. Will Kamala Harris’ bid prove to be sufficient?

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