USD/CNH - US Dollar Chinese Yuan Offshore

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USD/CNH News

USD/CNH: Upside momentum looks under pressure – UOB

By FXStreet - 7 hours ago

According to FX Strategists at UOB Group, USD/CNH needs to regain the area above 6.4900 to extend the buying interest. Key Quotes 24-hour view: “Yeste

China to Launch Biggest Digital Yuan Trial in Chengdu

By BeinCrypto - Mar 03, 2021

China is leading the race to launch the world’s first fully adopted Central Bank Digital Currency (CBDC). It had earlier announced the commencement of trials for its digital yuan....

USD/CNH: Extra gains seen above 6.4900 – UOB

By FXStreet - Mar 03, 2021

FX Strategists at UOB Group noted USD/CNH faces further upside while above the 6.4900 level in the short-term horizon. Key Quotes 24-hour view: “USD t

USD/CNH Analysis

USD/CNH Price Analysis: Bounces off two-week-old rising channel’s support

By FXStreet - Mar 01, 2021

USD/CNH takes the bids to the intraday high of 6.4768, up 0.13% on a day, during the early Tuesday. In doing so, the Chinese currency pair takes a u-t

The RMB’s Progress (In Internationalization)

By Talkmarkets - Mar 01, 2021

The rapid ascent in CNY reserves was in 2018, with some resumption in 2020. From 2016 to 2019, Renminbi turnover rose from 4% to 4.3% (out of 200%).

China's Yuan Is Getting Stronger

By Seeking Alpha - Feb 26, 2021

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