Chinese Yuan Falls To 9-day Low Against U.S. Dollar

RTTNews | 371 days ago
Stocktwits
Chinese Yuan Falls To 9-day Low Against U.S. Dollar

(RTTNews) - The Chinese yuan weakened against the U.S. dollar in the Asian session on Friday.

Against the greenback, the yuan fell to a 9-day low of 7.1508 from yesterday's closing value of 7.1381.

If the yuan extends its downtrend, it is likely to find support around the 7.20 area.

The Chinese central bank sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.

Tags: USDCNY
Stocktwits
read more
Chinese Yuan Falls On Trump Tariff Threats

Chinese Yuan Falls On Trump Tariff Threats

The Chinese yuan weakened against the U.S. dollar in the European session on Tuesday, amid concerns about possible tariffs on Chinese imports by U.S. President-Elect Donald Trump.
RTTNews | 45 days ago
Chinese Yuan Rises To 16-month High As China Steps Up Stimulus

Chinese Yuan Rises To 16-month High As China Steps Up Stimulus

The Chinese yuan strengthened against the U.S. dollar in the European session on Tuesday, after China's central bank unveiled its biggest stimulus since the pandemic to support the economy and counter a prolonged downturn in the property sector.
RTTNews | 94 days ago
Tools
Economic Calendar
Market Hours
Interest Rates
Holidays Calendar
Forex Market
Forex Volatility
Forex Correlation
Forex News
forex analysis
COT Data
Liquidity
Forex Calculators
Forex Heat Map
Indicators Heatmap
Community
Community
Systems
Most Popular Systems
Strategies
Contests
Forex Charts
Forex Sentiment
Sentiment Indicator
Reviews
Brokers
Prop Trading Firms
VPS Services
Signal Providers
EA Programming Services
Affiliate Programs
PAMM Broker Services
Rebate Program Services
Trading Platforms
Expert Advisors
Crypto Exchanges
Trading Courses
Brokers
Forex Spreads
Forex Broker Quotes
Forex Broker Swaps
Forex Broker Volume
Forex Broker Promotions Broker News
Platform
Widgets
Features
API
RSS
Stock Portfolio
Affiliate Software
Advanced Charts
Support
FAQ
Help
Contact Us
Report a Bug!
About
Blog
© 2024 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.