Tag: banks

Central banks point to pound. Forecast as of 02.11.2022

2022-11-02 ...

Global central banks bought a record amount of gold in Q3. They keep saying gold is not important while they themselves are buying gold...

by silvertomars “Record central bank buying lifts global gold demand, WGC says” www.investing.com/news/economy/record-central-bank-buying-lifts-global-gold-demand-wgc-says-2927413 🇺🇸 BlackRock || on the Fed 🔹 We see the Fed ultimately living with higher inflation as it sees the effect of its...

PBOC intervention – Chinese state banks sold dollars to support yuan late on Tuesday

> PBOC intervention - Chinese state banks sold dollars to support yuan late on Tuesday ...

Chinese state banks sold dollars to support yuan late on Tuesday

© Reuters. FILE PHOTO: Woman holds Chinese Yuan banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration SHANGHAI/BEIJING (Reuters) - Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets...

Exclusive-China FX regulator surveys banks about positioning as yuan plunges

© Reuters. FILE PHOTO: Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing, China, March 30, 2016. REUTERS/Kim Kyung-Hoon SHANGHAI/BEIJING (Reuters) -China's foreign exchange regulator...

China FX regulator said to have surveyed some banks on yuan positioning

The Reuters report says that China's FX regulator sent a survey to some banks late yesterday, asking them about their positioning in the currency market. Adding that the regulator questioned banks about their...
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