Offshore yuan has dropped, the USD is bid on the news out of China.
As I posted the early indications here:
The USD is firmer, with yen not too far behind due to China news over the weekend:
I posted a USD/CNH update earlier here:
USD/CNH update:
Offshore yuan has dropped, the USD is bid on the news out of China.
As I posted the early indications here:
The USD is firmer, with yen not too far behind due to China news over the weekend:
I posted a USD/CNH update earlier here:
USD/CNH update:
Most Popular
AI giants OpenAI & Anthropic clash over ads & business models, eyeing IPOs worth billions.
Bybit offers 0% fee crypto buys via Mercuryo; UAE users get direct AED bank transfers. TradFi platform adds stock CFDs.
UK EV mandate risks disruption; Hyundai warns of £11k/car costs & potential market exits.
Small/mid-caps shine pre-midterms as tech giants' AI capex (96% of cash flow) strains balance sheets.
Big tech earnings flop, AI revenue fears send Nasdaq reeling. Traders eye valuation shifts.
KKR stock down 35.5% despite record fundraising. Analysts see 59% upside with 'Strong Buy' ratings.
Dow drops 600 pts, Bitcoin plunges as risk-off sentiment hits tech stocks on AI revenue fears.
Must Read