USD/CNY - US Dollar to Chinese Yuan

U.S. Investors Show Fortitude, Dollar Resumes Weak Trend, Inflation Data Remains Poor U.S investors showed fortitude on Friday as all three US major Indexes added value and Wall Street’s vulnerability dampened. The Core Consumer Price Index reading published before going into the weekend missed its estimate and this immediately caused fast conditions in forex as the U.S … Continue reading The Week that Was and the Week Ahead – Wall Street Proves Stable, U.S. Dollar Stumbles on Inflation Data

This week there will be a lot of data out from China including inflation and trade. According to Reuters, the data of this week should reflect a steady economy – what do you think we can expect? We’ve seen the IMF upwardly revise its economic growth projections off the back of a solid 1st quarter … Continue reading China’s Inflation and Trade Data, RBNZ Next Rate Hike and UK Trade Deficit

Global markets will be watched closely today to see if a speculative sentiment is able to find momentum. The U.S will issue its Core Durable Goods Orders numbers and tomorrow Chairwoman Janet Yellen will be speaking. Important U.S. Data on the Calendar The Core Durable Goods Orders statistics will be released today from the States. … Continue reading Big Data and Big Speculation will set the Tone for the Week

The minutes from the June Reserve Bank of Australia (RBA) meeting revealed that the interest rates will be kept unchanged at 1.5%. The board suggested that the developments in the labor and housing markets should be watched carefully. Australia House Price Index (QoQ) met the forecasted value of 2.2% in the first quarter and Australia … Continue reading Morning Market Update – AUD eases up