Tag: PBOC
A giant with feet of clay – but not too much.
A new day, a new intervention by Chinese policy makers. But we will get to the solutions in a moment. Let's start with the...
AUDNZD overbought for the first time since 2008
Australia's monthly consumer price measure on Thursday (29/09) showed the annual inflation rate eased slightly in August from July thanks to a sharp drop...
The Greenback against the offshore Renminbi – Closed below a 3-year low
Overnight, the decline of the US Dollar against the offshore Renminbi (USDCNH) was suspended and closed slightly up 0.35% to 6.3736. In any case,...
USDCNH after rate cut
The PBOC injected 50 billion Yuan into the market - the first step to increase liquidity for 29 days. This was necessary in order...
PBoC and USDCNH
Easing has limited impact
The overall tariffs imposed by the US on Chinese products remain, with 25% tariffs on $360 billion of imports. If all...
