Optimistic forecasts for China’s recovery
The fresh coronavirus outbreak in Beijing waned. Economists upgraded their forecasts for the Chinese economic growth.
Tag - pbc - people's bank of china
USD/CNH: doing the homework
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?
China will keep backing economy as pressure persists
China is going to maintain policy support for the national economy, still facing downward pressure as well as difficulties after better-than-anticipated first quarter surge…
Chinese Yuan goes down notwithstanding firm factory polls
On Monday, the Chinese Yuan headed south in Asia notwithstanding a sudden improvement in China’s factory activity…
Chinese Yuan rallies on Trump’s upbeat remarks on trade
On Tuesday, the Chinese Yuan soared a bit in Asia due to the fact that American leader came up with upbeat remarks on trade…
Evergreen buck steadies
On Tuesday, the evergreen buck managed to stabilize in Asia because the International Monetary Fund had its 2019 as well as 2020 global surge forecasts cut overnight…
