Free Trial

Large Estoxx call buyer


What to Watch: Personal Income/Spending Data


On offer next week


Repo Reference Rates

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Yuan Reverses Excessive Depreciation - Herald

MNI (Singapore)

The sharp rise in the yuan against the U.S. dollar retraced some of the currency's excessive depreciation this week, helped by a fall in the U.S. Dollar Index, the 21st Century Business Herald reported after both the onshore and offshore yuan strengthened over 1,000 points on Wednesday. Many asset management institutions view the yuan as undervalued against the dollar, which had rallied on expectations the Federal Reserve would continue to hike rates but have now been questioned by weak U.S. economic data, the newspaper said. The yuan will continue to fluctuate in a wide range amid changing expectations, the newspaper said citing analysts.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.