Trial now
USDCAD TECHS

Watching The 50-Day EMA

AUDUSD TECHS

Bearish Focus

MONTH-END EXTENSIONS

Updated Barclays/Bbg Extension Estimates for US

US TSYS

Late Session Selling

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Investors shouldn't bet on one-way yuan movement as the PBOC and FX regulators have new policy tools using capital accounts and markets, the 21st Century Business Herald reported citing Guan Tao, chief economist of BOC International and a former forex regulatory official. The top FX regulator's move to release new Qualified Domestic Institutional Investor quota on Wednesday will channel domestic funds to overseas assets and further ease the yuan's rapid appreciation pressure, the newspaper said citing analysts. Following the move, yuan lost for a fourth day, hovered around 6.3903 against the U.S. dollar as of 7 p.m. on Thursday, the newspaper said.