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Chinese Central Bank Cuts Reserve Requirements

The Chinese central bank announced that it would trim down a portion of deposits in commercial banks earlier this week. This means the required...

Chinese Manufacturing Data Fails to Lift Yuan | Wibest

The upbeat results from the Chinese manufacturing PMI report were not good enough to bolster the yuan in sessions. The yuan had a bad...

Chinese Yuan Plunges, No Repos and Factory PMI Bounces

The Chinese yuan dives this Monday after the People’s Bank of China (PBOC) decides to skip its repo rate cut earlier. Aside from that,...

Thai Central Bank Delivers Rate Slash

As traders get more and more confident over the strength of the Thai baht, its central bank releases more stimulus. Yesterday, the Central Bank...

USD to Chinese Yuan Edges Down Amid Trade War News

The USD to Chinese yuan exchange rate struggles to pick up its pace this Wednesday’s forex sessions. The greenback is pinned down by the...

Bank of China Should Prioritize the Yuan |

Experts and forex analysts expect the Chinese government and the People’s Bank of China to put the yuan on their priority list. The markets...

Bank of China Skips Reverse Repos Again | Wibest

The People’s Bank of China or the PBOC continues to skip the reverse repos this Tuesday. Sources say that the decision aims to maintain...

USD to CNY Falls Despite Chinese Data | WibestBroker

The USD to CNY exchange rate fell in today’s sessions as the Chinese yuan strengthened. Both currencies gained against their other pairs in Monday’s...

USD to CNY Went Flat Yesterday | Wibest

  The USD to CNY exchange rate failed to gain some altitude in yesterday’s trading after news about the Yuan’s reserve. Yesterday, China’s foreign exchange...

USD to CNY Trades Flat After Yuan’s Reserve Fell | Wibest

The USD to CNY trading pair trades flat in sessions after news from China’s foreign exchange reserve broke out. The looming uncertainties from the...

USD to CNY Pair Dips as the Yuan Strengthens

  The USD to CNY trading pair went down yesterday as the People’s Bank of China takes measures to support the Chinese economy. The yuan...

USD to CNY Slips from PBOC News | Wibest

News from the People’s Bank of China caused the USD to the CNY exchange rate to contract in today’s trading. The PBOC said that...

Yuan to US Dollar Traded Flat Yesterday

The yuan started yesterday’s session on the edge against the US dollar. However, it made a slight comeback in the later sessions. Analysts have largely...

Yuan Weakens as the PBOC Reveals New Benchmark

The Chinese yuan continues to weaken in today’s trading after the People’s Bank of China announced their new benchmark. The yuan remains on edge against...

Yen Trades in Positive Territories Yesterday

Japan’s currency receives much attention from traders as the possibility of a global recession looms. The Japanese yen gained strength as traders focus on...