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BAML: As Reserves Fall Rapidly, PBOC May Be Forced To Abandon Yuan Defense

The high yield investment market has been a pillar of strength. Bank of America M.....»»

Category: blogSource: valuewalkJan 11th, 2017

China"s Upward Currency Manipulation Might Have To End - FX Reserves Are Falling

The general demand is that China stop manipulating the value of its currency. OK, so, let's insist upon that. The value of the yuan will fall, Chinese exports to America will be cheaper and we might well then see an increase in the US trade deficit......»»

Category: topSource: forbesFeb 7th, 2017

As Chinese Asset Outflows Monitored, PBOC Yuan Reserves Drop

Yuan reserves signalling trouble ahead? China’s foreign currency reserves fell by US$41 billion in December, a move that ty.....»»

Category: blogSource: valuewalkJan 10th, 2017

Desperate China Engineers Violent Swings In The Yuan

Beijing’s foreign reserves fall close to the danger mark. Beijing’s foreign reserves fall close to the danger mark......»»

Category: topSource: forbesJan 8th, 2017

China forex reserves fall less than expected to $3.011 trillion

China’s foreign exchange reserves fell for a sixth straight month in December but by less than expected to the lowest since February 2011, as authorities stepped in to support the yuan ahead of US Pr........»»

Category: topSource: thehindubusinesslineJan 7th, 2017

Chinese Reserves Tumble By $69 Billion, Biggest Drop Since January

While in recent months, the PBOC had tried to mask the real pace of reserve outflows, covering up the accelerated selling of US-denominated assets to defend its rapidly devaluing currency, we noted in October that using more accurate calculations, China's.....»»

Category: blogSource: zerohedgeDec 7th, 2016

China "Devalues" Yuan To Weakest Since Breaking The Peg In 2010

With offshore Yuan tumbling in recent days - echoing the collapse in US Treasury bond prices - the spread to the onshore fix appears to have forced the PBOC's hand. With a 200 pip cut in the CNY fix tonight, China has all but erased any strength in the Re.....»»

Category: blogSource: zerohedgeNov 11th, 2016

Falling Exchange Rates And Forex Reserves Are A Bad Combination For China

While the world's attention focuses on the US election this week, it is worth also keeping half an eye on the US dollar / Chinese renminbi exchange rate. Almost on cue, the PBoC set the Yuan's mid range against the US dollar at 6.7725 at market opening on.....»»

Category: topSource: forbesNov 8th, 2016

USD/CNH Eyes Upper Bounds on Fed Hike Odds

DailyFX com Fundamental Forecast for the Yuan Neutral China s Market News Yuan Borrowing Cost Soars in Offshore China s Market News Yuan Rises Foreign Reserves Fall What Are the Traits of Successful.....»»

Category: futuresSource: nasdaqSep 10th, 2016

Chinese Central Bank Crushes Yuan Shorts, Launching Bitcoin Buying Spree

With the Yuan having traded within fractions of what many consider a key psychological level for the USDCNY at 6.70, many traders expected that following the just concluded G-20 meeting in China, the PBOC would finally relent in its devaluation defense, a.....»»

Category: blogSource: zerohedgeSep 8th, 2016

China reserves at lowest since 2011 as PBOC supports Yuan

The reserves fell by $15.9 billion to $3.19 trillion in August.....»»

Category: topSource: business-standardSep 7th, 2016

Yuan to 3 month high as the Pboc squeeze is on

The Chinese yuan rose sharply on Friday morning in the offshore market, hitting its highest level in three months, as traders suspected the People’s Bank of China (PBOC) had intervened to prop up the currency and squeeze short sellers to def.....»»

Category: topSource: marketpulseMay 26th, 2017

Yuan and the Trump/Comey effect

The yuan’s fall in value had led many individuals and c.....»»

Category: topSource: marketpulseMay 23rd, 2017

Oil prices fall as White House proposes U.S. oil reserve sales

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market......»»

Category: topSource: moneycentralMay 23rd, 2017

Oil prices fall as White House proposes U.S. oil reserve sales

Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves, even as producer club OPEC and its allies cut output to tighten the market......»»

Category: topSource: moneycentralMay 23rd, 2017

Oil prices fall as White House proposes U.S. oil reserve sales

SINGAPORE (Reuters) - Oil prices fell on Tuesday after U.S. President Donald Trump proposed the sale of half the country's strategic oil reserves in his budget plan, just as producer club OPEC and its allies are cutting output to tighten the market......»»

Category: topSource: reutersMay 22nd, 2017

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-.....»»

Category: topSource: livetradingnewsMay 21st, 2017

Forex reserves down $443.6 mn to $375.27 bn due to fall in currency assets

In the previous week, the reserves had touched a lifetime high of $375.71 billion.....»»

Category: topSource: business-standardMay 19th, 2017

U.S. jobless claims fall; mid-Atlantic factory activity jumps

WASHINGTON (Reuters) - New applications for U.S. jobless benefits unexpectedly fell last week and the number of Americans on unemployment rolls tumbled to a 28-1/2-year low, pointing to rapidly shrinking labor market slack......»»

Category: topSource: reutersMay 18th, 2017

PBOC sets yuan parity at 6.8635 vs dollar, strongest since Feb. 17

Investing com Investing .....»»

Category: futuresSource: nasdaqMay 17th, 2017

China Reserves Jump Most In Three Years; Hedge Fund Asks "Is This The End Of The Yuan Bear Market?"

China Reserves Jump Most In Three Years; Hedge Fund Asks "Is This The End Of The Yuan Bear Market?".....»»

Category: blogSource: zerohedgeMay 7th, 2017