Tag Archives: USD/CNY
PBOC Dep Gov: Expect Yuan Flexibility To Increase In Future
The recent depreciation in the value of China’s currency is the result of the slowing pace of its economic growth, and events outside its borders such as the Federal Reserve’s tapering of its asset purchase program,
Daily FX Update
Markets are relatively calm and still digesting the relatively dovish FOMC minutes. News flow today included soft Chinesetrade data, an as expected BoE,
The Global Macro Pulse
The fall in US yields following the release of the FOMC minutes has weakened the dollar against the G10 currencies, but EM Asia is mixed.
The Global Macro Pulse
Lower US yields and stronger risk appetite have driven the USD lower across the board. AUDUSD has rallied to 0.9373,
The Global Macro Pulse
Lower US Treasury yields overnight weakened the dollar slightly. EURUSD rose to 1.3743 and USDJPY slipped to 102.96. AUDUSD softened on the Asian open,
The Global Macro Pulse
Dollar-G10 is essentially unchanged in Asian trading with AUDUSD at 0.9281, EURUSD at 1.3698, and USDJPY at 103.26.
Weekly Economic & Financial Commentary
U.S. Review A Broadening Recovery Offsets Near-Term Weakness · Nonfarm payrolls increased across most industries in March,
The Global Macro Pulse
G10 FX has traded sideways with EURUSD at 1.3712, AUDUSD at 0.9237, and USDJPY at 103.91. Most EM Asia currencies have weakened against the dollar with
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
The Global Macro Pulse
The rise in US yields has helped to pull AUDUSD down to 0.9237 and push USDJPY up to 103.85. However, EURUSD has risen to 1.3803 ahead of today’s ECB meeting.
Daily FX Update
Markets are adding to risk as Asian and European data suggest that global growth trends are improving, albeit slowly. The USD is mixed; with softness in those currencies who had disappointing domestic events
US Morning Update
Judging by the G10 ranges during the London morning, turnover has probably been quite low ahead of more important data and events as the week moves forward from here.