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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
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- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessUSD/CNH last deals at CNH6.7191, ~50.....>
CHINA YUAN: USD/CNH last deals at CNH6.7191, ~50 pips better off.
- The pair edged lower initially, stopping only at the CNH6.7100 mark. Recovery
was observed post-yuan fixing, even as the PBOC set its central rate vs. USD at
CNH6.7055 vs. the prev. CNH6.7194.
- Trade talks involving Chinese VP Liu, U.S. TR Lighthizer & U.S. Tsy Sec
Mnuchin are underway in Washington. The White House has informed that VP Liu
will meet with U.S. Pres Trump later today. BBG reported that the aim of the
current phase of bilateral talks is "to allow presidents Trump and Xi to hold a
signing ceremony." Meanwhile, BBG sources suggested that the U.S.-China deal
might give Beijing time until 2025 to meet its trade pledges.
- The rate is nearing its 21-DMA at CNH6.7199, after flirting with the level for
the bulk of March. A break above would open up the Mar 28 monthly high of
CNH6.7500. Conversely, bears look for a pullback through yesterday's low of
CNH6.7072 towards CNH6.7000, which acted as a technical support/resistance
several times in March.
- As a reminder, China and Hong Kong will observe national holidays on Friday.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.