Posts Tagged: Reserve Requirement Ratio (RRR)

AUD/USD Rises on China’s Positive Data, RRR Cuts; USD Retracts from Six-Month High

By Usman Ahmed September 15, 2023, 2:23 pm • Posted in Forex

The AUD/USD exchange rate improved when the RRR fell and China’s GDP grew. The dollar has fallen from its six-month high, but further decline is…

Chinese Yuan Strengthens After Better-Than-Expected Q1 GDP Growth

By Andrew Moran April 18, 2022, 2:08 pm • Posted in Forex

The Chinese yuan strengthened against its US counterpart to kick off the trading week, buoyed by a better-than-expected reading of the economy in the first…

Copper Slumps on Chinese Demand Fears, Strengthening US Dollar

By Andrew Moran July 12, 2021, 7:22 pm • Posted in Commodities

Copper futures have failed to maintain the momentum from last week’s admirable 1% gain. The industrial metal is slumping to kick off the trading week…

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