What is your sentiment on CNY/USD?
The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade war. The USD/CNY exchange rate rose to 7.2877, its highest level since ...
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
The US Dollar to Chinese Yuan (USD/CNH) exchange rate is edging towards its annual peak, a level close to 7. 28. Foreign exchange rate analysts at Danske Bank looks at three potential trades for ...
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USD/CNY: why is the Chinese renminbi imploding?The daily chart shows that the USD/CNY pair has been in a strong uptrend in the past few months. It recently crossed above the key resistance at 7.2765, its highest swing in July last year.
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 5 pips to 7.1697 against the U.S. dollar Tuesday, according to the China Foreign Exchange Trade System.
Geopolitical tensions and tariffs will likely push China to devalue its currency, making USD:CNY a profitable trade. Read ...
The bullish tone of the USD/INR pair remains in play as the pair holds above the key 100-day Exponential Moving Average (EMA) ...
USD/CNY rose on Wednesday as Chinas yuan weakened following the announcement of new tariff plans from US President Donald ...
USD/CNY dipped near a 3-month low on Friday, as Chinas yuan was supported by investor optimism that the U.S. and China might ...
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