Tuesday , 21 January 2025
Home Forex USD/CNH closes below 7.00 for the first time since May 2023 – DBS
Forex

USD/CNH closes below 7.00 for the first time since May 2023 – DBS

CNY appreciated 0.5% overnight on China’s stimulus hopes, and CNH did better with a 1.0% again, DBS FX analyst Philip Wee notes.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Germany ZEW survey current conditions -90.4 vs -93.0 expeccted

Prior -93.1Economic sentiment 10.3 vs 15.3 expectedPrior 15.7After the fall in German...

US futures creep higher on the session

Dow futures are up 0.3% and Nasdaq futures also seen up 0.4%...

ECB’s Villeroy: We are not on a pre-set course on rates

There is a plausible consensus that we will act at each meetingAmong...

USDCHF Technical Analysis – Tariffs talk keeps the market on edge

Fundamental OverviewThe USD has been marginally weaker recently due to lower than...