Tag Archives: China
china
AUD/USD rebounds as US dollar eases on US-Iran ceasefire extension; 20-day SMA caps gains
AUD/USD climbs to 0.7167 as dollar eases; consolidates under 0.7185 resistance, supported near 0.7098.
USD/CNH drifts towards 6.7820 support as China PMI lifts yuan, US PCE caps dollar
USD/CNH drifts lower toward 6.7820 support; range-bound 6.7820–6.8220 amid China strength, US inflation uncertainty.
PBOC sets stronger yuan fixing but keeps USD/CNY above estimates, signalling managed depreciation stance
PBOC set a stronger USD/CNY fixing, signaling managed depreciation; traders eye USD/CNH calls amid weak data.
CFTC Data Shows AUD Net Longs Edge Higher as RBA Hawkishness and Iron Ore Support Sentiment
CFTC data shows AUD net longs edged higher; speculators cautiously bullish on hawkish RBA, inflation, iron ore rebound.
USD/CNH trades sideways near 6.80 as range-bound outlook holds, upside eyed above 6.97
USD/CNH stays range-bound near 6.80; low volatility favors range strategies, while months ahead could target 6.9720.