USD/CNY hovered near two-week high on Wednesday as Chinas yuan was pressured by a broad global risk-off mood and stronger ...
USD/CNY hit two-week high on Tuesday as yuan was pressured by broad greenback strength in global markets as traders reduced ...
According to the analysts, the Chinese yuan’s internationalisation is firmly in progress, driven by rising trade settlement in CNY and increasing foreign borrowing in the currency. “ Spot turnover in ...
USD/CNY continued to trade with a heavy bias, guided lower by PBOC fix – now under 7.09. USD/CNH was last at 7.0998, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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