USD/CNY - US Dollar Chinese Yuan

USD/CNY - US Dollar Chinese Yuan News & Analysis

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  Dollar slumps after Fed meeting; Sterling rises ahead of BOE

  By Peter Nurse Investing.com - The U.S. dollar slumped to a seven-week low in early European trade Thursday following the latest Federal Reserve interest rate increase, while the pound...

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  Investors cut bearish bets on most Asian FX as policy rate bets shift: Reuters poll

  By Savyata Mishra (Reuters) - Investors turned less bearish on the Chinese yuan and the Singaporean dollar as they cut short bets across most Asian currencies, a Reuters poll found, as...

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  Chinese tech stocks rise, Tencent surges on strong FY results

  By Ambar Warrick Investing.com -- Major Chinese technology stocks rose on Thursday, with shares of Tencent up sharply after the internet giant logged stronger-than-expected annual earnings,...

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  Asia FX surges, dollar sinks on Fed’s ‘dovish hike’

  By Ambar Warrick Investing.com -- Most Asian currencies rose sharply on Thursday, while the dollar fell to a seven-week low after the Federal Reserve raised interest rates but hinted at a...

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  Tencent's online ad revenue grows for the first time in more than a year

  Chinese tech giant Tencent reported Wednesday better-than-expected quarterly revenue, helped by growth in ads within its growing "video accounts" business.

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  USD/CNY fix: 6.8709 vs. an estimate of 6.8719

  In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8709 vs. an estimate of 6.8719. About the fix China maintains strict contro

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  PBoC is expected to set the USD/CNY mid-point at 6.8719 - Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT. This article was written by Eamonn Sheridan at www.forexlive.com.

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  Fed decision, banks recover, Xi balks at gas pipeline - what's moving markets

  By Geoffrey Smith Investing.com -- The Federal Reserve has to decide between price stability and financial stability. Bank stocks recover after Treasury Secretary Janet Yellen's speech, and...

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  Tencent reports first annual revenue drop

  (Reuters) - Tencent Holdings (HK:0700) reported a drop in annual revenue for the first time ever, as China's economic slowdown due to the pandemic and a long-running regulatory crackdown...

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  Dollar subdued ahead of Fed decision; sterling rise on CPI jump

  By Peter Nurse Investing.com - The U.S. dollar traded near five-week lows in early European trade Wednesday ahead of the latest Federal Reserve interest rate decision, while surprisingly...

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  Asia FX creeps lower, dollar muted as markets brace for Fed rate hike

  By Ambar Warrick Investing.com -- Most Asian currencies retreated in cautious trade on Wednesday as markets positioned for a likely interest rate hike by the Federal Reserve later in the...

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  USD/CNY fix: 6.8715 vs. the last close of 6.8788

  In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8715 vs. the last close of 6.8788. About the fix China maintains strict con

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  PBOC is expected to set the USD/CNY reference rate at 6.8710 – Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT. This article was written by Eamonn Sheridan at www.forexlive.com.

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  Exclusive-BYD reduces shifts at two electric vehicle plants in China - sources

  SHANGHAI (Reuters) -BYD has reduced shifts at two auto assembly plants in China, people with knowledge of the matter told Reuters, in a sign of how weaker demand in the world's largest auto...

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  Dollar edges higher, off lows ahead of Federal Reserve meeting

  By Peter Nurse  Investing.com - The U.S. dollar edged higher in early European trade Tuesday but has struggled to climb much above recent five-week lows ahead of the start of the latest...

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  Asia FX dips, dollar steadies as Fed meeting looms

  By Ambar Warrick Investing.com -- Most Asian currencies retreated on Tuesday, while the dollar firmed slightly as markets hunkered down ahead of a Federal Reserve interest rate decision this...

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  USD/CNY fix: 6.8763 vs. last close of 6.8785

  In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8763 vs. the last close of 6.8785 and the estimate at 6.8753. About the fix

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  PBOC is expected to set the USD/CNY reference rate at 6.8753 – Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT. This article was written by Eamonn Sheridan at www.forexlive.com.

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  Safe haven status helps dollar edge higher; Fed meeting in focus

  By Peter Nurse  Investing.com - The U.S. dollar edged higher in early European trade Monday with the safe haven in demand amid the ongoing banking crisis and ahead of this week's Federal...

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  Asia FX sinks, dollar rises amid Fed uncertainty, bank crisis fears

  By Ambar Warrick Investing.com -- Most Asian currencies fell on Monday and the dollar rose as markets hunkered down ahead of a Federal Reserve meeting this week, while fears of a banking...

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  China holds loan prime rate at historic lows for 7 straight months

  By Ambar Warrick Investing.com -- China’s central bank held its key loan prime rate (LPR) at record lows on Monday, keeping monetary conditions largely accommodative as the country moves to...

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  USD/CNY fix: 6.8694 vs. the 6.8701 estimated

  In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8694 vs. the estimate of 6.8701. About the fix China maintains strict contr

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  PBOC is expected to set the USD/CNY reference rate at 6.8701 – Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT.Coming up is the People's Bank of China LPR setting:Economic calendar in Asia - Bank of Japan, People's Bank of China and RBA all feature ...

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  Asia FX rises, dollar dips amid easing bank crisis fears

  By Ambar Warrick Investing.com-- Most Asian currencies rose sharply on Friday amid easing fears of a global banking crisis, while the dollar retreated as markets also bet that the Federal...

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  USD/CNY fix: 6.9052 compared with the last close of 6.8998

  In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.9052 compared with the last close of 6.8998. About the fix China maintains

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  PBOC is expected to set the USD/CNY reference rate at 6.9017 – Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT.-Earlier:PBOC interest rate decision due on Monday - analysts sees cut to support the economy This article was written by...

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  Dollar retreats, euro gains after Credit Suisse boosts risk sentiment

  By Peter Nurse Investing.com - The U.S. dollar retreated in early European trade Thursday and the euro pushed higher as Credit Suisse’s move to bolster its financial position boosted risk...

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  Asia FX rattled by bank crisis fears, safe havens advance

  By Ambar Warrick  Investing.com -- Most Asian currencies kept to a tight range on Thursday amid renewed concerns over a U.S. and European banking crisis, with investors largely pivoting into...

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  China sees record 7.7 million applicants for 200,000 government jobs

  Government jobs are typically regarded as stable and prestigious in China, especially since young people's unemployment has soared to record highs.

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  PBoC is expected to set the USD/CNY mid-point at 6.9173 - Reuters estimate

  PBOC CNY reference rate is due around 0115 GMT. This article was written by Eamonn Sheridan at www.forexlive.com.

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  Asia FX muted, dollar flat amid mixed U.S., Chinese economic cues

  By Ambar Warrick Investing.com -- Most Asian currencies traded in a flat-to-low range on Wednesday as data showed a somewhat mixed recovery in the Chinese economy, while the dollar stuck to...

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  Chinese industrial production rises in Feb, but misses expectations

  By Ambar Warrick Investing.com -- Chinese industrial production rose slightly less than expected in February as manufacturing activity logged a somewhat staggered recovery despite the...