In the aftermath of Trump’s election victory and the NPC meeting, the CNY moved weaker from 7.10 to 7.18. The CNY will likely ...
For the second day in a row, CNY fix came in much stronger than expected. USD/CNH was last at 7.2596, OCBC’s FX analysts ...
Investing.com - The U.S. dollar pushed further higher Thursday, climbing to a one-year peak after consumer inflation data ...
The US electorate has spoken and has given Donald Trump the overwhelming mandate to deliver on his promises. These are widely viewed as inflationary and positive for the dollar. Yes, there are risks, ...
Inflation Rate YoY for Oct in India is 6.21%, higher than the previous value of 5.49%. The forecast was 5.81%.
Citigroup announced a partnership with Bank of Shanghai to launch a seamless payment solution for international travelers in ...
Citi and Bank of Shanghai launched a first-of-its-kind payments solution on Bank of Shanghai’s TourCard. The TourCard aims to provide international travelers a straightforward, cost-efficient and more ...
The service helps enable travellers to add funds to their TourCard digital account with Bank of Shanghai from another source ...
Next year, emerging market currencies will face the twin headwinds of lower global trade volumes and higher US yields. When ...
The Chinese yuan strengthened slightly against the U.S. dollar in onshore and offshore markets, helped by the PBOC’s stronger-than-expected yuan fixing earlier.
Spot USD/CNY spiked 126 bps to close at 7.2252 today (13th). As of 4:34 pm, USD/CNY in the night session escalated 79 bps.
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