China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

September 23, 2020 at 04:09AM

China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

Continue Reading…
Author: Bloomberg | Post link: https://www.investing.com/news/forex-news/china-taps-brakes-on-yuans-big-rally-with-another-weaker-fixing-2304088
Selected by fonecable.com

SIMILAR ARTICLES ON WEB: China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

HN4MAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | **CODE: SHOP100 / SHOP200 / SHOP300**

easypM6CaP — Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

HN4WOMAN — Sponsored by **Harvey Nichols** Founded in 1831, a British luxury department store.

ADVERTISEMENT

Bloomberg Forex News Topbanner

RUM Stock News: Rumble surges after Elon Musk weighs in on censorship 29 September 2022

Rumble (RUM) reversed course alongside the broader markets on Wednesday as the conservative video streaming platform received a nice boost from a wel

EUR/JPY Price Analysis: Next hurdle comes at 144.04 29 September 2022

EUR/JPY adds to Wednesday’s bounce and manages to advance to multi-day peaks near 140.70 on Thursday. Considering the ongoing price action, further up

Brent Oil to suffer further weakness towards $77.56 support – Credit Suisse 29 September 2022

Brent Crude Oil has seen a clear break below the crucial $92.09/91.90 support area. Strategists at Credit Suisse expect further weakness toward the 50

When is the Final US Q2 GDP report and how could it affect EUR/USD? 29 September 2022

Thursday's US economic docket highlights the release of the Final GDP print for the second quarter, scheduled at 12:30 GMT. The second revision is exp

Brazil Inflation Index/IGP-M below expectations (-0.86%) in September: Actual (-0.95%) 29 September 2022

Brazil Inflation Index/IGP-M below expectations (-0.86%) in September: Actual (-0.95%)

EUR/USD: Year-end forecast stands at 1.00 – ABN Amro 29 September 2022

EUR/USD has moved below parity. While economists at ABN Amro expect the euro to remain under pressure, they expect the pair to end the year around par

GBP/USD recovers intraday losses, lacks follow-through amid broad-based USD strength 29 September 2022

The GBP/USD pair recovers early lost ground to the 1.0765-1.0760 area and climbs to a fresh daily high during the mid-European session. Spot prices, h

EUR/CZK to surge above 25.00 on a break past 24.70 – SocGen 29 September 2022

EUR/CZK has neared the 24.70 mark. Beyond here, the pair could test 25.00 and then 25.20, economists at Société Générale report. Initial support seen

USD/JPY sticks to gains near weekly high, around 144.75-80 region amid stronger USD 29 September 2022

The USD/JPY pair regains some positive traction on Thursday and trades near the top end of a three-day-old trading range, around the 144.80 region thr

US Dollar Index: Strong demand on dips to the 112.50/113.00 zone – ING 29 September 2022

The US dollar has stabilized following yesterday’s sharp correction lower. Economists at ING expect dips to the 112.50/113.00 area in the US Dollar In

Italy 10-y Bond Auction increased to 4.7% from previous 3.46% 29 September 2022

Italy 10-y Bond Auction increased to 4.7% from previous 3.46%

Italy 5-y Bond Auction rose from previous 2.82% to 4.12% 29 September 2022

Italy 5-y Bond Auction rose from previous 2.82% to 4.12%

South Africa Producer Price Index (YoY) came in at 16.6% below forecasts (17.7%) in August 29 September 2022

South Africa Producer Price Index (YoY) came in at 16.6% below forecasts (17.7%) in August

South Africa Producer Price Index (MoM) registered at 0.5% above expectations (0.4%) in August 29 September 2022

South Africa Producer Price Index (MoM) registered at 0.5% above expectations (0.4%) in August

Belgium Consumer Price Index (MoM) increased to 0.96% in September from previous 0.81% 29 September 2022

Belgium Consumer Price Index (MoM) increased to 0.96% in September from previous 0.81%

Belgium Consumer Price Index (YoY): 11.27% (September) vs 9.94% 29 September 2022

Belgium Consumer Price Index (YoY): 11.27% (September) vs 9.94%

ECB's de Cos: No clear evidence of de-anchoring of inflation expectations 29 September 2022

European Central Bank’s (ECB) policymaker Pablo Hernandez de Cos said on Thursday that he hasn't yet observed clear evidence of de-anchoring of inflat

European Monetary Union Business Climate down to 0.81 in September from previous 0.83 29 September 2022

European Monetary Union Business Climate down to 0.81 in September from previous 0.83

Euro area Economic Sentiment Indicator drops to 93.7 in September vs. 95 expected 29 September 2022

The data published by the European Commission showed on Thursday that the Economic Sentiment Indicator (ESI) for the euro declined to 93.7 in Septembe

EUR/USD: Unlikely to hold above 0.95 – SocGen 29 September 2022

EUR/USD has turned south and declined below 0.9700. In the opinion of Kit Juckes, Chief Global FX Strategist at Société Générale, the pair is set to p

China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

September 23, 2020 at 04:09AM

China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

SIMILAR ARTICLES ON WEB: China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

Recent Posts

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

24S Worldwide (APAC/EU/US)24S | GET UP TO 300£/$/€ OFF ON YOUR BACK-TO-OFFICE LOOK | CODE: SHOP100 / SHOP200 / SHOP300

ADVERTISEMENT

Free Currency Card in the UK; Free Currency Accounts; UK Residence Only

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

ADVERTISEMENT

Sponsored by Harvey Nichols Founded in 1831, a British luxury department store.

ADVERTISEMENT

Leave a Reply

RBNZ Holds Policy as Progress Made on Additional Monetary Tools

AUD/USD Rate Eyes August Low as RBA Outlines Monetary Policy Options

September 23, 2020 at 04:09AM

China Taps Brakes on Yuan’s Big Rally With Another Weaker Fixing

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Leave a Reply

Related Post