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Tag: CNH

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USD/JPY Technical: Bullish tone resumes, 148.20/85 next resistance to watch – MarketPulse

USD/JPY cleared above 145.50/146.10 resistance that confluences with BoJ’s FX intervention conducted on 22 September last year. Primary driver of USD/JPY rallies has been...

A bipolar world of stock market performances – MarketPulse

US benchmark stock indices continue to maintain global leadership as its cyclical laggards are now playing catch up to the technology-related Magnificent Seven...

More on China’s state media commentary on tools to deal with ‘panic’ yuan sell off | Forexlive

It's a mystery to me why the People's Bank of China would be referring to a panic sell in yuan, and yet here we...

Offshore yuan has weakened after the PBOC set the CNY stronger again | Forexlive

The People's Bank of China set the reference rate stronger than expected for the onshore yuan again today:Offshore yuan, CNH, initially followed a little...

BOCI and UBS Partner to Issue First Tokenized Security in Hong Kong

BOCI, a leading Chinese financial institution, has issued the first tokenized security in Hong Kong, reaching a milestone in digital finance. The CNH 200...

PBOC sets USD/ CNY central rate at 7.0818 (vs. estimate at 7.0821) | Forexlive

People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade...

Asian stock markets rejoiced post-FOMC

US stock indices spooked by Fed Chair Powell’s “hawkish” comments. USD sold off while safe haven currencies, JPY & CHF in demand. Asian stock market...

Weekly Market Wrap: Bitcoin rises above US$26,000, as ‘store of value’ narrative strengthens amid bank failures

Bitcoin, the world’s largest cryptocurrency by market capitalization, rose 36.06% in the week from March 10 to March 17, to trade at US$26,795 at...

Stellantis idles Belvidere plant as last Jeep Cherokee rolls off the line

DETROIT — Stellantis is moving closer to closing its factory in Belvidere, Illinois, as it prepares for the costly transition from internal combustion to...

TCNH, a Stablecoin Pegged to Offshore Chinese Yuan, Listed on Huobi

February 21, 2023 – Singapore, Singapore TCNH, a stablecoin pegged to offshore Chinese Yuan (CNH) with a pilot program allowing organizations to mint TCNH, announced...

USD/CNH sticks to the consolidative phase – UOB

USD/CNH is predicted to keep the trade within 6.7400-6.8000 in the next few weeks comment UOB Group’s Economist Lee Sue Ann and Markets Strategist...

1st Commercially Available Electric, Autonomous Smart Tractor Goes Into Production

Monarch Tractor has announced that its Founder Series MK-V tractor has started coming off the production line at its headquarters and manufacturing facility in...

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