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Market News
CNY fix: 6.3246 vs the last close of 6.3257

CNY fix: 6.3246 vs the last close of 6.3257

In latest change today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3246 vs the ultimate shut of 6.3257 and estimate at 6.3253. This used to be the strongest restoration on the…

Market News
EUR/USD: Dollar’s upside has further to run in the first half of 2022 – Rabobank

EUR/USD: Dollar’s upside has further to run in the first half of 2022 – Rabobank

Analysts from Rabobank reflect onconsideration on the US dollar’s upside has similarly to run in the first half of of 2022 and they preserve a 6 month fee forecast for EUR/USD of 1.10. Key Quotes:…

Market News
Sources: PBOC to lower interest rates on Standing Lending Facility (SLF) – Reuters

Sources: PBOC to lower interest rates on Standing Lending Facility (SLF) – Reuters

Reuters rates nameless sources to sign the People’s Bank of China’s (PBOC) similarly movements in the course of early Friday. Key quotes China central financial institution to decrease activity quotes on Standing Lending Facility for…

Market News
CNY fix: 6.3521 vs the estimated 6.3522

CNY fix: 6.3521 vs the estimated 6.3522

In current alternate today, the People’s Bank of China (PBOC) set the yuan (CNY) at 6.3521 vs the estimated 6.3522 and the preceding 6.3599. About the fix China keeps strict manage of the yuan’s price…

Market News
China data beats expectations besides Retail Sales miss, AUD/USD holds around 0.7200

China data beats expectations besides Retail Sales miss, AUD/USD holds around 0.7200

The Gross Domestic Product (GDP) launched by using the National Bureau of Statistics of China has been launched as follows: China GDP (YoY) Q4 4.0% (est 3.3%; prev 4.9%). China Q4 2021 GDP 1.6% QoQ.…

Market News
China CPI misses the mark, AUD unchanged on the outcome, so far

China CPI misses the mark, AUD unchanged on the outcome, so far

The Consumer Price Index that is launched through the National Bureau of Statistics of China has arrived as follows: China December CPI +1.5% YoY (Reuters ballot +1.8% ) vs prior 2.3% China December CPI -0.3%…

Market News
China Evergrande deadline on bond repayment vote looms, Shimao speeding up asset sales

China Evergrande deadline on bond repayment vote looms, Shimao speeding up asset sales

The worst is a ways from over for the Chinese stricken property sector, as buyers continue to be cautious beforehand of the cut-off date for bondholders to vote on property-giant Evergrande Group’s design to prolong…

Market News
USD/CAD breaks below the 1.2700 figure after Canada and US employment data

USD/CAD breaks below the 1.2700 figure after Canada and US employment data

The USD/CAD is extending its fall to two consecutive days in the week, quickly pierced the 50-day shifting common (DMA) round 1.2687, to then reclaim the 1.2700 determine after Canadian and US employment information struck…

Market News
GBP/USD: How far can it fall? Bears are hungry ahead of BOE – Societe Generale

GBP/USD: How far can it fall? Bears are hungry ahead of BOE – Societe Generale

With the Bank of England (BOE) December price hike expectations waning amid developing Omicron covid variant worries in the UK, analysts at Societe Generale provide their bearish outlook on GBP/USD. Key quotes “The pound is…