Chinese Yuan Strengthens After Terrible Trade Data Topped Market Estimates
The Chinese yuan strengthened against its US counterpart to close out the trading week after trade data came in slightly better than expected. Still, the…
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USD/CNY Falls As Chinese Exports Surge to Record High
The Chinese yuan is gaining some momentum against its US counterpart in the middle of the trading week, buoyed by stronger export data in September….
Chinese Yuan Posts Modest Gain on PBoC’s $154 Billion Liquidity Injection
The Chinese yuan strengthened against its most traded currency counterparts, including the US dollar, to kick off the trading week. The yuan, which has had…
USD/CNY Breaks Below 6.55 As Monetary Policy, Liquidity in Focus
The Chinese yuan found modest support against its US peer to kick off the trading week. The yuan had erased all of its gains this…