Posts Tagged Chinese YuanFile not found. Charts: the weakness of Chinese Yuan
Chinese Yuan is increasingly traded much lower than PBOC fixing rate, suggesting that PBOC wants stable RMB, but the market is doing other things.Chart: Another reason that Chinese yuan has to fall
When US dollar strengthens, that means Chinese yuan starts to strengthen against the Euro, which is one of the biggest trading partners.“For everybody who thought China was heading for a hard landing, it’s over.”
Albert Edwards was sarcastic, and really went for the bloke who thought allowing CNY to float more freely means hard landing is impossible.PBOC to allow more flexibility for Chinese Yuan exchange rate
The People’s Bank of China will increased the trading band of Chinese yuan from ±0.5% to ±1% from next Monday onwards.Revisiting that alternative hypothesis on gold
We revisit the weird alternative hypothesis on gold, and see if it will have anything to do with the Chinese economy.An Economist At A Government Think-Tank Thinks Yuan Should Be Devalued
Fan Jianping of State Information Centre thinks that Chinese Yuan should be weakened as money may be flowing out of the country.China’s Foreign Exchange Reserve Actually Fell In September
FX reserve actually fell in September. Although it might just be a blip, a persistent trend of shrinking FX reserve could signal some problems ahead.Currency War: United States Vs. China – Round 998,793,487,485
Chinese Yuan seems to have largely paused its orderly ascent against the USD for a month or two, doesn’t seem to care what US Congress is doing.Internationalisation Of Chinese Yuan And The Historical Precedents
Internationalisation of one’s currency requires three conditions: economic size, confidence in the currency, and depth of financial markets.Is Chinese Yuan Really A One-Way Upward Bet?
The US might want to force China to stop manipulating the currency, but be aware that you are not guaranteed to get what you want.Chinese Yuan NDF Now Pricing In Depreciation Of The Currency
The Non-deliverable forward contracts are now pricing in a depreciation of the Chinese Yuan rather than appreciation.On The Disproportionately Large Attention On Chinese Yuan
Chinese Yuan seems to have attracted disproportionately large attention for every move, even though most of the moves are rather meaningless.Bubbly Gold: An Alternative Hypothesis?
Gold and Chinese Yuan have been bizarrely moving in same directions for many years, both in terms of US dollar. An alternative hypothesis might be needed.The Case For One-Off Appreciation, Or They Want To Get Rid Of US Treasuries
One-off appreciation makes some sense, although it is unlikely for them to do so. However, faster appreciation will also mean less demand for US Treasuries and higher inflation in US.