China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
History points to more gains as CSI 300 and Hang Seng Index surge during yuan appreciation cycles over the past decade.
BCA analysts note that China’s economic performance and fiscal stimulus in Q1 will likely disappoint market expectations, making the recent yuan appreciation increasingly vulnerable to a near-term ...
SHANGHAI: China’s yuan rose to a fresh 32-month high against the dollar on Monday as the central bank lifted its official ...
For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.
SHANGHAI - ‍China's onshore yuan broke through the key psychological level of seven to the dollar on Tuesday for the first ​time in 2-1/2 years, despite a weaker midpoint set by the central bank, as ...
China’s foreign-exchange reserves rose in December amid a weaker dollar, wrapping up a year marked by a ballooning trade ...
The suspicion is that China has allowed the currency to continue to rise to ward off higher inflation and prevent capital outflows amid fears over the longevity of the Fed’s quantitative easing policy ...
Standard Chartered fx strategists are recommending investors sell one-month U.S. dollar/Chinese yuan non-deliverable forwards with an outright entry of CNY6.475 to take advantage of underpriced CNY ...