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Tag Archives: #USDCNY

Chinese yaun remains unchanged despite fitch’s ‘a+’ rating

Chinese yaun remains unchanged despite fitch’s ‘a+’ rating USD/CNY is currently trading around 6.3332 marks. It made intraday high at 6.3340 and low at 6.3301 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3565 marks will test key resistances at 6.3625, 6.3855 and 6.4017 marks respectively. …

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Chinese Yuan trades flat against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3340 per U.S. Dollar

Chinese Yuan trades flat against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3340 per U.S. Dollar USD/CNY is currently trading around 6.3246 marks. It made intraday high at 6.3326 and low at 6.3211 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3201 marks …

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Chinese Yuan rises gradually against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3141 per U.S. Dollar

Chinese Yuan rises gradually against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3141 per U.S. Dollar USD/CNY is currently trading around 6.3118 marks. It made intraday high at 6.3155 and low at 6.3061 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.3260 …

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Chinese Yuan rises on the back of higher than expected industrial production, fixed asset investment data

Chinese Yuan rises on the back of higher than expected industrial production, fixed asset investment data USD/CNY is currently trading around 6.3153 marks. It made intraday high at 6.3220 and low at 6.3141 levels. Intraday bias remains bearish for the moment. A sustained close above 6.3180 marks will test key …

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Chinese Yuan trades almost flat against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3218 per U.S. Dollar

Chinese Yuan trades almost flat against U.S. Dollar, People’s Bank of China sets Yuan mid-point at 6.3218 per U.S. Dollar USD/CNY is currently trading around 6.3260 marks. It made intraday high at 6.3275 and low at 6.3190 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3564 …

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U.S. under Trump series: U.S. good trade deficit with China hits record high in 2017

U.S. under Trump series: U.S. good trade deficit with China hits record high in 2017 Since President Trump’s inauguration in January 2017, the U.S. administration has taken up steps to counter the United States’ huge trade deficit with China, especially in goods. Overall the administration has initiated around 85 separate …

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