Tag: yuan

Goldman Sachs has raised its forecast for China’s yuan | Forexlive

Goldman Sachs forecasts USD/CNY to dropping to 7.20 in 3 months 7.10 in six months7 over the next 12 monthsGoldman Sachs sees China's...

China January – April yuan denominated exports +7.5% y/y | Forexlive

China January - April yuan-denominated exports +7.5% y/y, imports -4.2% y/y**For April alone, yuan-denominatedexports +9.3% (prior +13.5%) ... this is a good result...

Forexlive Americas FX news wrap: Hope for a tariff deal dwindles, yuan hits record low | Forexlive

Markets:Gold down $2 to $2981S&P 500 down 1.6%US 10-year yields up 14 bps to 4.29%WTI crude down $2.31 to $58.39CHF leads, AUD lagsThere was...

The yuan devaluation is now a big risk for markets | Forexlive

Trump escalated the trade war further yesterday threatening additional 50% tariffs on China effective tomorrow if they don't back off from the recent retaliatory...

Offshore yuan weakens below Liberation Day after Trump threatens more tariffs | Forexlive

USD/CNH has edged through the spike high on April 2, following the Liberation Day tariff announcement.China has plenty of fundamental backing now to let...

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