News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Spot USD/CNY Leaps 329 bps to Close at 7.2132; Mizuho: Tariff Cut Beat Projected to Bolster RMB Rate
Spot USD/CNY soared 329 bps to close at 7.2132 today (12th). As of 4:34 pm, USD/CNY in the night session rallied 230 bps. USD/CNH leaped 263 bps to 7.2115, 17 bps above USD/CNY.Miz...
Reset
Send
The window will close in 5 seconds
Spot USD/CNY Leaps 329 bps to Close at 7.2132; Mizuho: Tariff Cut Beat Projected to Bolster RMB Rate
Close
Recommend
4
Positive
4
Negative
6
 
SHORT SELL
 
STOCK INFO

Spot USD/CNY soared 329 bps to close at 7.2132 today (12th). As of 4:34 pm, USD/CNY in the night session rallied 230 bps. USD/CNH leaped 263 bps to 7.2115, 17 bps above USD/CNY.

Mizuho Bank stated that the tariff reductions announced in the China-U.S. joint statement beat, which should help boost the RMB exchange rate; however, the outlook will hinge on signals from the central parity.

Related NewsCN Grants Export Licenses to At Least 4 Rare Earth Material Producers for First Time Since Apr: Wire

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.