China’s Weak Foreign Trade Spurs Further Yuan Weakening
Further signs of a slowdown in China came from the trade balance. The foreign trade […]
USDCNH Heads for 7.3 per Dollar to Support the Economy
The official services and manufacturing PMIs were much weaker than expected, adding to the move […]
Yuan Weakness Spooks China and Asia Ex-Japan Stock Markets
USD/CNH (offshore yuan) has surged to a 6-month high of 7.08. Since late Oct 2022, […]
Chinese Yuan Moves Have Global Implications
This week, the yuan broke above the 7.0000 handle against the dollar and continued to […]
China’s Recovery Falls Short of Expectations
China’s economic growth is falling short of economists’ expectations, putting pressure on the yuan and […]
A Sharp Slowdown in China
China’s PMIs released over the weekend were much weaker than expected, with the manufacturing index […]
USD/CNH: First Part of the Zigzag is Similar to the Leading Diagonal
The USDCNH currency can build a double zigzag w-x-y of the cycle degree. On the […]
Commodities Trading on Back-foot Following New China Growth Target
Market movers today We start the week in a quiet fashion on the data front […]
China Opens to Recovery; Yuan Moves Up
Lifting the lockdown and the end of the Lunar New Year celebrations led to a […]
Forex Friday: USD/JPY, USD/CNH, USD/CHF and EUR/JPY
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
China’s Q1 GDP growth surpasses expectations, retail sales bounce
China’s Q4 GDP growth outperformed expectations at 4.5% yoy, up from 2.9% in Q4, and […]