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Yuan Slips Despite Strong PBOC Fixing
The Chinese yuan edged lower on Wednesday even after the PBOC delivered its strongest daily midpoint since May 2023. Softer January inflation data and ongoing factory deflation reinforced expectations of further easing, keeping pressure on the currency.
$ATM
USDCNY hovered near 6.915, while 10-year bond futures climbed to their highest since November, signaling falling yield expectations. Analysts see China’s 10-year yield potentially drifting toward 1.6% from 1.79% if loose policy continues.
$OG
Interestingly, the central bank set the fixing stronger but still weaker than market estimates — a move traders view as controlled appreciation rather than aggressive tightening.
After hitting a near three-year high ahead of Lunar New Year corporate demand, the yuan now faces a tug-of-war between policy support and easing expectations.
$RIVER
📌 Key watch: Any shift in PBOC stance and post-holiday liquidity flows.
#USDCNY #Yuan
#write2earn🌐💹
The Chinese yuan edged lower on Wednesday even after the PBOC delivered its strongest daily midpoint since May 2023. Softer January inflation data and ongoing factory deflation reinforced expectations of further easing, keeping pressure on the currency.
$ATM
USDCNY hovered near 6.915, while 10-year bond futures climbed to their highest since November, signaling falling yield expectations. Analysts see China’s 10-year yield potentially drifting toward 1.6% from 1.79% if loose policy continues.
$OG
Interestingly, the central bank set the fixing stronger but still weaker than market estimates — a move traders view as controlled appreciation rather than aggressive tightening.
After hitting a near three-year high ahead of Lunar New Year corporate demand, the yuan now faces a tug-of-war between policy support and easing expectations.
$RIVER
📌 Key watch: Any shift in PBOC stance and post-holiday liquidity flows.
#USDCNY #Yuan
#write2earn🌐💹
🚨 Urgent: The Chinese yuan rises to 6.91 against the dollar, recording its strongest level since May 2023, and is heading towards achieving its seventh consecutive monthly gain — the longest streak since 2020-2021, with an increase of 5% since 2025.
The yuan has also become the third-best performing currency in Asia since September, amid Chinese steps to curb purchases of U.S. Treasury bonds and reduce exposure to the dollar, benefiting from the weakness of the U.S. currency.
#CNY #forex #china #USDCNY #CurrencyMarket
📊These currencies are on a strong rise: 👇
💎 $PIPPIN
💎 $FHE
💎 $POWER
The yuan has also become the third-best performing currency in Asia since September, amid Chinese steps to curb purchases of U.S. Treasury bonds and reduce exposure to the dollar, benefiting from the weakness of the U.S. currency.
#CNY #forex #china #USDCNY #CurrencyMarket
📊These currencies are on a strong rise: 👇
💎 $PIPPIN
💎 $FHE
💎 $POWER
#USChinaTradeTalks Trade relations between #America and #China are experiencing increasing tension, which directly affects the movement of the USD/CNY currency pair. Any new announcement from either side could significantly move the market, either positively or negatively. For example, today, any hint of new tariffs from America could lead to a rise in the dollar against the yuan due to concerns about a slowdown in the Chinese economy.
📊 As a trader, it is important to follow news of negotiations and official statements, as they often precede major market moves.
📌 Do you expect things to escalate further? Or is there a chance for a near-term calm? Share your opinion with us!
#uschainatrade #USDCNY
📊 As a trader, it is important to follow news of negotiations and official statements, as they often precede major market moves.
📌 Do you expect things to escalate further? Or is there a chance for a near-term calm? Share your opinion with us!
#uschainatrade #USDCNY
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