Tag: yuan
What to Expect in the Market these Coming Trading Sessions?
This week was quite a quiet week in the market as traders are off relaxing for the holidays. But some traders are still active,...
EUR USD Exchange Rate Rallies Yesterday
The EUR to USD exchange rate rallied in yesterday’s trading and the greenback receive mixed results against other currencies. Meanwhile, after being spotted in...
GBP/USD Exchange Rate Dives from Brexit News
The GBP/USD exchange rate went down as pound traders appeared worried about the Brexit divorce on October 31st. The USD was also fighting its...
USD to CNY Stumbles in Yesterday’s Trading
The USD to CNY was spotted in the red end of the spectrum yesterday as both currencies strengthened in sessions. The greenback and its...
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...
Yuan Hits its Lowest Since 2008 | Wibest
The Chinese yuan recorded its lowest drop for more than a decade yesterday. The weaponization of the yuan by Beijing has continued for 9th...
Yuan Trades Flat Before the Chinese Retail Data
The Chinese yuan faces a hurdle as forex traders expect the currency to weaken in the coming trading sessions. The market is shifting their...
Chinese Producer Prices Drop Against US-Sino Conflict
The National Bureau of Statistics released a report last Friday showing the faltering Chinese producer price index (or PPI). The data showed a measurement...
Asian Market: China Retaliates, Stocks Move
Previously, China retaliated against the US after it let yuan drop past 7 and halted US farm purchases. As a result, the broader Asian...
Stock Report: Markets Decline on China News
STOCK REPORT – Chinese news reverberated through various markets on Tuesday, with markets tumbling for a second day.
Wall Street previously closed lower on news...
China Suspends US Farm Goods Import | Wibest
Beijing prepares to play rough with Washington even after last week’s trade negotiations in Shanghai, China. Later after the US team went back to...
Mexican Peso Surged After US-Mexico Deal, Yuan
Mexican peso rose after U.S.-Mexico deal while yuan dropped to its 2019 lows. Click here for more information! – Wibest Broker
Australia’s Currency Surged After Election Win
Australia's currency reached its highest rise after a shock election win. Click here for more information! – Wibest Broker
Forex Markets weaken as Trade War Extends
FOREX MARKETS - After the latest growth in the trade war between the United States and China on Monday, the Chinese yuan and Australian...
Trump Tariff Threat Sends Asian Market into Disarray
ASIAN MARKET - U.S President Donald Trump on Sunday threatened to increase tariffs on $200 billion worth of Chinese goods from current 10% to...