USD/CNY edged lower on Monday as traders continued to assess last weeks U.S.China trade deal. The agreement reached last week between President Trump and President Xi to postpone reciprocal tariffs ...
USD/CNY slumped to to hit one year low on Tuesday as Chinas yuan was buoyed by stronger central bank guidance and signs of a ...
Given the current mainstream narrative on renminbi depreciation pressure and our discussions with various market participants, one might easily assume that the CNY has been on a huge slide since the ...
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.