US Dollar Smashed After CPI: When Good News Goes Bad

Talking Points: – The US Dollar saw a quick-spike on the back of yesterday’s US CPI report, but that strength was short-lived as sellers came back with aggression to push the Dollar back down towards three-year lows. The total movement from yesterday’s high to this morning’s low constitutes a -1.7% move in the Greenback. – […]

Weekly Trading Forecast: Central Bank News Promises Fireworks

Central banks will command financial markets’ attention in the week ahead, with speeches from top officials including Fed Chair Yellen and a wealth of policy-defining data due. British Pound Forecast: Supported For Now But Politics Hold Sway The British Pound continues to be held ransom by the ongoing Brexit talks although next month’s central bank […]

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China’s Market News: FX, Bonds, Equities – Three Linked Markets

This daily digest focuses on Yuan rates, major Chinese economic data, market sentiment, new developments in China’s foreign exchange policies, changes in financial market regulations, as well as market news typically available only in Chinese-language sources. – The onshore and offshore Yuan rates maintained an uncommon reverse relationship. – Both Chinese bond and equity markets […]

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China’s Market News: Chinese Leaders Kick-off Top Economic Meeting

This daily digest focuses on Yuan rates, major Chinese economic data, market sentiment, new developments in China’s foreign exchange policies, changes in financial market regulations, as well as market news typically available only in Chinese-language sources. – The USD/CNH jumped following Fed’s rate hike decision though failed to set a new record. – The PBOC’s […]

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China’s Market News: Yuan Weakens, Foreign Reserves Drop

This daily digest focuses on Yuan rates, major Chinese economic data, market sentiment, new developments in China’s foreign exchange policies, changes in financial market regulations, as well as market news typically available only in Chinese-language sources. – The Yuan resumed losses against the U.S. Dollar on Monday following bounces in the last week. – China’s […]

China’s Market News: USD/CNH Surges to Key Resistance Ahead of G20

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. – USD/CNH touched above the psychological level of 6.7000 on Monday; the first time in five weeks. […]