Browsing: USDCNY

PBOC Sets Yuan Fix at 7.0847, Beating Forecast and Signaling Firmer RMB Bias The People’s Bank of China set Monday’s USD/CNY central parity at 7.0847, markedly stronger than the market estimate of 7.1162. The 315-pip… (via Bpaynews real-time desk)

Headline: PBOC poised to set USD/CNY fixing near 7.1162 as markets watch yuan guidance The People’s Bank of China is expected to publish its daily USD/CNY reference rate around 01:15 GMT, with market estimates pointing… (via Bpaynews real-time desk)

PBOC Sets Firmer USD/CNY Fix at 7.0875, Maintains Ample Liquidity China’s central bank guided the yuan stronger today, setting the USD/CNY midpoint at 7.0875, well below the market estimate of 7.1154. The firmer-than-expected daily fixing… (via Bpaynews real-time desk)

Stocks Recoil as Rate Jitters Hit Tech; Index Risks and Global Data Stir Volatility U.S. stocks posted their steepest intraday reversal since April, as investors reassessed the path of interest rates and trimmed exposure to… (via Bpaynews real-time desk)

Markets Brief: IMF Urges Australian Tax Reset as Nvidia Powers Ahead and FX Moves Intensify A flurry of macro signals and corporate milestones set the tone for global markets, with policy recommendations in Australia, standout… (via Bpaynews real-time desk)

Global Markets Brief: Yuan Fix, UK Gloom, Tech Tailwinds, and AI Policy Shifts Global risk sentiment is being shaped by fresh signals from currency markets, bank regulators, and US technology policy. A stronger yuan fixing,… (via Bpaynews real-time desk)

Headline: PBOC Sets Stronger Yuan Fix at 7.0872, Bolsters Liquidity With Reverse Repos The People’s Bank of China set a firmer USD/CNY central parity rate at 7.0872, stronger than the market estimate of 7.1121, signaling… (via Bpaynews real-time desk)

Headline: PBOC Expected to Set USD/CNY Fixing Near 7.1121 China’s central bank is expected to announce its daily yuan reference rate around 01:15 GMT, with market estimates pointing to a USD/CNY fixing close to 7.1121.… (via Bpaynews real-time desk)

Headline: PBOC Sets Stronger Yuan Fix at 7.0856, Signaling Currency Support The People’s Bank of China set the daily USD/CNY reference rate at 7.0856, stronger than market expectations of 7.1096, setting a firmer tone for… (via Bpaynews real-time desk)

Headline: PBOC expected to guide USD/CNY midpoint near 7.1096 Introduction: Currency markets in Asia are focused on the People’s Bank of China’s daily yuan fixing, with traders expecting the central bank to set the USD/CNY… (via Bpaynews real-time desk)