China onshore weakens again today. USD/CNY above 6.9
7 is thought to be a bit of a line in the sand. Not there quite yet but not far away at the pace CNY is losing ground: The PBOC… Read more »
Tag: Onshore
China’s yuan finishes onshore trading at weakest since 2008 By Reuters
© Reuters. China’s yuan finishes onshore trading at weakest since 2008 SHANGHAI (Reuters) – China’s yuan closed at its weakest in over a decade on Monday, losing 0.16 percent to… Read more »
Onshore and offshore yuan heading for a soft end to the week
So, is the trend your friend or not? Yesterday’s easing back on the CNY devaluations from the PBOC produced a flurry of top calls. I didn’t join in (link includes… Read more »