China has delivered its strongest sign in almost three years that it desires to average the yuan’s appreciation, setting Wednesday’s day by day reference charge sharply weaker than market expectations. We gave a...
The People's Bank of China eviscerated the onshore yuan setting today:That translates to a PBOC cut to the CNY reference rate by 448 points, biggest since June, and sending CNY to its lowest...
Australian Dollar, AUD/USD, China Holiday, Volatility, Technical Outlook – Talking PointsMarket sentiment remains fragile but fresh quarterly start may encourage riskChina markets are closed throughout the week for the National Day holidayNZD/USD RSI...