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Little Behind CNY
Article By: Jeffrey P. Snider
Wednesday, September 20, 2017 11:23 AM EDT
The sharp rise in CNY against the dollar was immediately recognizable for what it was, artificial PBOC policy through whatever secondary channels.
In this article: CNY
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Offshore Yuan Tumbles To 2-Week Lows, Biggest Drop Since Election
Article By: Tyler Durden
Tuesday, September 19, 2017 1:23 AM EDT
Offshore yuan has now dropped almost 16 handles in the last 8 days since Chinese officials voiced their concerns "about a rallying yuan as exporters come under strain."
In this article: CNY, UUP
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China: Where A Rising Currency Is Meant To Be Inflationary
Article By: Jeffrey P. Snider
Monday, September 11, 2017 5:34 PM EDT
As much as officials in Beijing may outwardly fight it, they are still in the “dollar” business. It’s not raw conjecture, either. Though we don’t know the specifics of their policy positions.
In this article: CNY
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Is The Yuan About To Tumble After Friday's Shocking PBOC News? Here Is Goldman's Take
Article By: Tyler Durden
Sunday, September 10, 2017 11:54 PM EDT
Late on Friday Bloomberg reported that China’s central bank decided that it would remove a reserve requirement for financial institutions trading in FX forwards for clients by cutting it to zero from 20% currently.
In this article: CNY, UUP
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PBoC Strengthens Yuan Fix For Eighth Day – Longest Streak Since 2015
Article By: The Heisenberg Report
Wednesday, September 6, 2017 1:30 AM EDT
The offshore yuan snapped a record 14-day winning streak against the dollar on Tuesday after the PBoC strengthened the yuan fix less than expected overnight.
In this article: CNY, UUP
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