Leading banks still bullish on yuan case despite policymakers’ nudge

October 12, 2020 at 02:40PM

Leading banks still bullish on yuan case despite policymakers’ nudge

Continue Reading…
Author: Reuters | Post link: https://www.investing.com/news/forex-news/leading-banks-still-bullish-on-yuan-case-despite-policymakers-nudge-2322197
Selected by fonecable.com

About Post Author

fonecable

fonecable@outlook.com

https://fonecable.com

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

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

Forex News Reuters Topbanner

FX Street

WTI Price Analysis: Bears remain hopeful below 13-day-old resistance 23 July 2021

WTI licks its wounds around $71.49, down -0.10% on bouncing off daily low, ahead of Friday’s European session. The energy benchmark keeps an upside br

EUR/USD retreats towards 1.1800 on confirmed death-cross, focus on PMI 23 July 2021

EUR/USD remains pressured around 1.1770, unchanged on a day, heading into Friday’s European session. The sellers keep reins following the European Cen

CCIV Stock Price: Lucid Motors – Churchill Capital IV sells the fact as merger with Lucid Motors comes through 23 July 2021

NYSE:CCIV retraced on its near 10% gain on Tuesday, as investors gave off mixed signals on the eve of the company’s shareholder vote to merge with Luc

GBP/USD battles coronavirus, Brexit woes under 1.38, UK Retail Sales, PMI eyed 23 July 2021

GBP/USD bottoms out from intraday low surrounding 1.3750 to 1.3764, mostly unchanged ahead of Friday’s London open. In doing so, the cable pair strugg

AUD/USD Price Analysis: Sellers continue to lurk around 0.7400 amid covid concerns 23 July 2021

USD Price Analysis: Sellers continue to lurk around 0.7400 amid covid concerns AUD/USD turns south after facing rejection at the 200-HMA. Bulls now de

Gold Price Forecast: XAU/USD drops back towards $1800 as USD catches a fresh bid 23 July 2021

Gold (XAU/USD) edges higher around $1,808, up 0.07% intraday, while extending the bounce off a two-week low during Friday’s Asian session. Improving m

S&P 500 Futures eye record highs amid light trading, shrugs off Asia-pac covid woes 23 July 2021

The market mood remains cautiously optimistic on the final trading day of this week amid no reprieve on the coronavirus front, as a fresh blow hits th

US Dollar Index Price Analysis: 100-SMA, monthly support defend DXY bulls 23 July 2021

US Dollar Index (DXY) picks up bids to 92.83 amid early Friday. In doing so, the greenback gauge keeps the previous day’s bounce off a convergence of

USD/JPY correcting with prospects of upside continuation 23 July 2021

USD/JPY is flat on the day so far at 110.16 sticking to a 110.07 and 110.16 range. The US dollar was mixed against G10 FX following the European Centr

NZD/USD inches closer to 0.7000 on cautious optimism amid subdued markets 23 July 2021

NZD/USD stays on the front foot around 0.6985, up 0.27% intraday, amid early Friday. In doing so, the kiwi pair reverses the previous day’s downside m

USD/CNY fix: 6.4650 vs the last close at 6.4701 23 July 2021

In recent trade today, the People’s Bank of China (PBOC) set the yuan (CNY) reference rate at 6.4650 vs the previous fix at 6.4651 and a previous clos

Silver Price Analysis: XAG/USD flirts with monthly hurdle around $25.50 23 July 2021

Silver (XAG/USD) prices struggle to extend the two-day advances beyond $25.50 during early Friday. That said, the bright metal eases to $25.28, down 0

Pound Sterling Price News and Forecast: GBP/USD trims gains, still heads for second gain in a row 23 July 2021

GBP/USD holds onto 200-DMA breakout around 1.3765 amid a quiet start to Friday’s Asian session. The cable pair’s recovery moves from 61.8% Fibonacci r

GBP/CHF Price Analysis: Bears putting up a fight as bulls target fresh highs 23 July 2021

GBP/CHF is in the hands of the bulls but the bears are putting up strong resistance. The following is an analysis of the hourly and 15-min chart's mar

AUD/USD: Mildly bid around 0.7400 on upbeat sentiment, softer Victorian covid counts 23 July 2021

AUD/USD takes the bids around 0.7390, up 0.15% intraday, amid Friday’s Asian session. In doing so, the Aussie pair rises for the third consecutive day

AUD/JPY Price Analysis: Daily resistance continues to hold 23 July 2021

As per prior analysis, AUD/JPY Price Analysis: Bulls come up for air into the bear's lair, the market is stalling in the daily resistance and on conti

USD/CAD Price Analysis: Sellers attack 13-day-old support near 1.2550 23 July 2021

USD/CAD keeps pullback from 50-SMA around 1.2560 during a lackluster Friday morning in Asia. In doing so, the major currency pair remains between the

DUP's Donaldson: DUP “not going to be in the business” of implementing the protocol 22 July 2021

Sir Jeffrey Donaldson earlier this week, when speaking after a virtual meeting with European Commission Vice-President Maros Šefčovič, said both the U

EUR/USD Price Analysis: Seesaws inside monthly falling wedge below 1.1800 22 July 2021

EUR/USD picks up bids to 1.1775, consolidating the pullback from 100-SMA, during Friday’s Asian session. In doing so, the major currency pair bounces

GBP/JPY: Bulls keep 152.00 on radar ahead of UK Retail Sales, PMI 22 July 2021

GBP/JPY edges higher around 151.65, up 0.05% intraday, amid the initial Asian session on Friday. In doing so, the cross-currency pair prints a three-d

Leading banks still bullish on yuan case despite policymakers’ nudge

October 12, 2020 at 02:40PM

Leading banks still bullish on yuan case despite policymakers’ nudge

SIMILAR ARTICLES ON WEB: Leading banks still bullish on yuan case despite policymakers’ nudge

Recent Posts

ADVERTISEMENT

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

ADVERTISEMENT

About Post Author

fonecable

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

Average Rating

Leave a Reply Cancel reply

Markets Week Ahead: Nasdaq 100, US Dollar, Gold, Stimulus, GPB, Brexit, Earnings

How Will the Election Affect the Stock Market? Dow Jones Forecast

October 12, 2020 at 02:40PM

Leading banks still bullish on yuan case despite policymakers’ nudge

Recent Posts

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

Related Listening

December Reports

November Reports

October Reports

September Reports

August Reports

July Reports

ADVERTISEMENT

ADVERTISEMENT

Average Rating

Leave a Reply Cancel reply

Related Post