USD/CNH
USD/CNH7.06967CNH
Today
+0.02%
1 Week
-0.80%
1 Month
-1.31%
6 Months
-2.40%
Year to Date
-0.66%
1 Year
-3.17%
Key Data Points
Opening Price
7.06847Previous Closing Price
7.06808USD/CNH Trading Strategy
Trading Strategy
The MACD is negative and above its signal line.
Alternative scenario
the downside breakout of 7.0567 would call for 7.0398 and 7.0298.
Comment
rebound towards 7.1021.
USD/CNH News
PBOC sets USD/CNY reference rate at 7.0870 vs. 7.1030 last Friday
On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.0870, as against last Friday's fix of 7.1030 and 7.0828 Reuters estimates.
CNY: Concerns and moon cakes – Commerzbank
With China celebrating the Mid-Autumn Festival today and tomorrow, the monthly economic data for August was already released on Saturday.
China Retail Sales (YoY) below expectations (2.5%) in August: Actual (2.1%)
China Retail Sales (YoY) below expectations (2.5%) in August: Actual (2.1%)
China Industrial Production (YoY) below forecasts (4.8%) in August: Actual (4.5%)
China Industrial Production (YoY) below forecasts (4.8%) in August: Actual (4.5%)
China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in August
China Fixed Asset Investment (YTD) (YoY) registered at 3.4%, below expectations (3.5%) in August
China M2 Money Supply (YoY) above forecasts (6.2%) in August: Actual (6.3%)
China M2 Money Supply (YoY) above forecasts (6.2%) in August: Actual (6.3%)
