The recent Chinese figures bring optimism
Tag - cnh
Earlier this week, the US Treasury released a semi-annual report and removed the "currency manipulator" label from China. In this context, how does USD/CNH behave?
On December 30, Tesla saw its first overseas plant in China produce its first Model-3. Is it a start of the Chinese market conquest Elon Musk is looking for?
CNY/JPY is a good proxy for traders’ optimism. The technical setup for it is also quite interesting.
Risk sentiment is on!
The news concerning the US-China phase one trade deal may determine the moves of the market.
The US dollar is under pressure down, the Canadian dollar is in the correction.
USD/CNH has been steadily declining since the start of October on hopes that the United States and China would take steps towards some kind of a trade deal.
After the positive end of the last week, the jitters seem to be back...
Traders digest the results of the ECB meeting and await the US data…
The escalation of the trade war between the US and China has shaken the markets a lot.
Levels for Wednesday's trading