Tag Archives: CNY
Join the USD bulls but patience required
Some six years after the global financial crisis began, when the US housing bubble burst, global central banks are still easing monetary policy.
Foreign Exchange Outlook
The USD has entered a period of retracement, weakening against most currencies in April (except the JPY),
Asia FX View Summary
China (CNY, CNH) Macro: The economy is recovering and we expect 8.1% growth in 2013 compared to 7.7% in 2012.
Emerging Markets Briefer
Cyprus, Hungary and global monetary accommodation Just as the global economy looked as if it was emerging from the Great Recession and investor confidence was returning, things turned negative.
Research Asia: Spring still visible in the smog
In Asia growth is still expected to improve in the coming quarters driven by a moderate recovery in China and a strong rebound in Japan.
CNY Much lower USDCNY fix today fix…6.4592 (92 pips lower)
CNY NDF USD/CNY fixing came out much lower than expected today to a new record low. Since overall positions are rather light, we saw leverage guys came back selling across the curve. Real money accounts were still rolling their short positions in the 3mth tenor.