Forex MarketDetailed Quotes
USDCNH USD/CNH
- 7.33829
- +0.00151+0.02%
Trading Jan 2 08:51 CT
7.33975High7.31602Low
7.33730Open7.33678Pre Close0.32%Amplitude7.3697552wk High7.33795Bid100000Multiplier6.9712952wk Low7.33863Ask
USD/CNH Forum
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$USD/CNH (USDCNH.FX)$
7.39 to 7.50 upside
7.39 to 7.50 upside
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![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined"){kind=small}
On Lan’s remarks that local governments have 2.3 trillion yuan of funds from special bonds that they can use by the end of this year -- That’s NOT fresh stimulus, because he said that comprised of bonds that have been issued but not used yet, plus bonds that haven’t been issued but within this year’s quota. So it’s all within the budget previously known.
So I think AFP's report about issuing $325 billion in bonds was not precise.
$BANK OF CHINA (03988.HK)$ $CNH/CNY (CNHCNY.FX)$ $USD/CNH (USDCNH.FX)$ $Hang Seng Index (800000.HK)$ $NASDAQ Golden Dragon China (.HXC.US)$
So I think AFP's report about issuing $325 billion in bonds was not precise.
$BANK OF CHINA (03988.HK)$ $CNH/CNY (CNHCNY.FX)$ $USD/CNH (USDCNH.FX)$ $Hang Seng Index (800000.HK)$ $NASDAQ Golden Dragon China (.HXC.US)$
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China is considering removing some of the largest remaining restrictions on home purchases, allowing 1st-tier cities to relax restrictions for non-local buyers.
Authorities are also mulling fresh measures to shore up the sluggish stock market.-Bloomberg
$SSE Composite Index (800146.HK)$ $Hang Seng Index (800000.HK)$ $USD/CNH (USDCNH.FX)$ $CNH/CNY (CNHCNY.FX)$ $USD/CNY (USDCNY.FX)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $iShares China Large-Cap ETF (FXI.US)$
Authorities are also mulling fresh measures to shore up the sluggish stock market.-Bloomberg
$SSE Composite Index (800146.HK)$ $Hang Seng Index (800000.HK)$ $USD/CNH (USDCNH.FX)$ $CNH/CNY (CNHCNY.FX)$ $USD/CNY (USDCNY.FX)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $iShares China Large-Cap ETF (FXI.US)$
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The creator of the "Dollar Smile Theory" predicts that a U.S. rate cut could trigger a $1 trillion repatriation of Chinese funds, leading to a 10% appreciation of the yuan.
With the year-end peak of corporate forex settlements approaching, China Securities expects $10 billion in settlements to support the yuan by 1,000 basis points.
However, Morgan Stanley believes that for large-scale corporate settlements to occur, the yuan would need to strengthen further to the 6.9 or 6.8 level, which is c...
With the year-end peak of corporate forex settlements approaching, China Securities expects $10 billion in settlements to support the yuan by 1,000 basis points.
However, Morgan Stanley believes that for large-scale corporate settlements to occur, the yuan would need to strengthen further to the 6.9 or 6.8 level, which is c...
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According to John Lee, Hong Kong will make every effort to include RMB counters in the Stock Connect Scheme and promote RMB-denominated trading of HK stocks. It aims to implement measures related to offshore RMB bond futures and diversify RMB investment vehicles.
$CNH/USD (CNHUSD.FX)$ $CNY/USD (CNYUSD.FX)$ $HKEX (00388.HK)$ $Hang Seng Index (800000.HK)$
$CNH/USD (CNHUSD.FX)$ $CNY/USD (CNYUSD.FX)$ $HKEX (00388.HK)$ $Hang Seng Index (800000.HK)$
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MyMoo_o : Totally agree with you.
On the first trading day of December, the critical month for the CCP's mandatory settlement policy, the USD/CNY chart unexpectedly showed a strong bullish candlestick.
This situation only proves that the CCP's foreign trade and actual us dollar reserves are in dire straits, and its nearly $3 trillion in foreign exchange reserves are nothing but fluff.