#usdcnh

[cryptosima]

人民幣匯率又突破7.3，要知道22年1月份匯率還在6.3，短短一年多人民幣貶值16%，與中國貿易密切的日本韓國匯率也在貶值，這還是在美聯儲將結束加息的情况，這種狀況如果還發生戰爭，，，

所以，今天山寨崩了不是很正常嗎？

[ausark-media]

Dollar holds steady due to Fed expectations and the economy's resiliency

Fed expectations #eurusd

The Federal Reserve must continue its aggressive monetary policy tightening course, as seen by Friday’s strong U.S. economic data, which put the dollar on the offensive and increased the likelihood that rates will rise for an extended period of time. The dollar recovered some of its overnight gains in Asia trade, but it struggled against the Japanese yen, which is still in high demand following…

[accapitalmarket]

USD drops as Homes Sales dip, China cuts mortgage rates

US Home Sales Drop Below Forecasts as Prices Hit All-Time Highs

US Existing Home Sales decreased to 3.89M, with 3.99M forecasted and 4.11M previously. Inventory of unsold homes grew by 3.1%, the same as 4.1 months of supply at the current monthly sales rate. Despite inventory growing, median home sales price jumped by 4.1% since June 2023, hitting an all-time high of $426K.

All four regions in the US declined in sales, however the West side was essentially unchanged. The shift from a seller's market to a buyer's market comes as more buyers insist on home inspections and appraisals while inventory is increasing.

Following the news, USDJPY decreased as the price broke out of the rising trendline. The price is testing the 156 pivot area and will likely hit the 155 pivot soon.

USDJPY Daily

USDCHF has found support from the 0.89 level and 200 SMA (blue line) as the price tests the descending trendline. If the price breaks out from the descending trendline, it will likely find resistance from the second descending trendline, which may coincide with 0.8950.

USDCHF Daily

China’s Mortgage Rate Cuts Shock the Markets

China’s mortgage interest rate cuts surprised the markets as both the 1-year and 5-year loan prime rates decreased below forecasts. The 5-year Loan prime rate dropped to 3.85%, with 3.95% forecasted as the government eases requirements for mortgages to help the troubled property sector.

With the economy growing at the slowest rate in over a year, and the longest deflation run since 1999, the government is keen to boost the property market.

After the news we can see USDCNH finding support from the descending trendline pullback along with the 7.29 pivot. The price will probably hit the extreme high at 7.31 following the descending trendline breakout.

USDCNH Daily

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[z025]

S&P 500, Dollar, CPI, Yields and Earnings Talking Points:The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDCNH Bearish Below 7.0000US inflation contracted slightly in December wh...

[hbclife]

Dollar Collapse Paused and S&P 500 Unsure as Extreme Volatility Confronts CPI Wait

Dollar Collapse Paused and S&P 500 Unsure as Extreme Volatility Confronts CPI Wait

S&P 500, VIX, Dollar, EURUSD and USDCNH Talking Points: The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680 A disparity between realized and expected volatility persists with seasonal expectations confronting very real systemic problems on the horizon – creating a very uneven backdrop Scheduled event risk over the next 48 hours seriously lacks…

[judchuks1]

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

A fundamentally packed week has already opened to significant volatility. Yet, the activity of the S&P 500 and Dollar have bowed to the volatility of the USDJPY and Chinese equity markets. That skew in activity may not last for long with FAANG earnings, key economy growth readings and ECB rate decision ahead.

[leprivatebanker]

The People’s Bank of China reduced the deposits a bank needed to hold aside 6% of their foreign-currency deposits in reserves

The People’s Bank of China reduced the deposits a bank needed to hold aside 6% of their foreign-currency deposits in reserves

China Reduced Reserve Ratio On Deposits To 6%

[stockgrovebrokers]

Trader thoughts - thoughts on the China market open, which is taking central focus, #USDCNH as a driver for the AUD & NZD. Commodities under pressure, with big vol in #crude and US #equities lower. Big sell-off in rates ahead of the #FOMC Another tough open eyed in Asia #stockgrove #stockgrovecountrypark #stockgrovebroker https://www.instagram.com/p/CgqEamuO2ydS0AfFWsv3mMYoIP6QYdxT3e76YM0/?igshid=NGJjMDIxMWI=

[bakerdeshun]

Just as anticipated earlier today at 65 pip drop in #USDCNH as news reported earlier plays a major factor on the CNH/CNY 🤑📉📈Chinese Yuan. #LGMlife #Forex #Daytrader https://www.instagram.com/p/B8FMt6nHNla4r7MmMrl278ATkFjGmMKi8WmQj80/?igshid=3d7tei89cgc3

[z025]

S&P 500, Dollar, Monetary Policy, Recession, EURUSD and USDJPY Talking Points:The Market Perspective: S&P 500 Eminis Bearish Below 3,900; USDCNH Bearish Below 7.0000; USDJPY Bullish Above 127...

[hbclife]

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

USDCNH Soars, S&P 500 Diverges from Chinese Markets, USDJPY Falls Short Again

S&P 500, Shanghai Composite, FXI, USDCNH, Recession and Earnings Talking Points: The Market Perspective: USDJPY Bearish Below 146; EURUSD Bullish Above 1.0000; Gold Bearish Below 1,680 China markets responded abruptly to the end of the National People’s Congress and the release of 3Q GDP and important September data Recession is the top focus for scheduled thematic trends, but FAANG earnings, UK…

[judchuks1]

S&P 500 Faces Key Technical Breaks but GBPUSD, USDJPY and USDCNH the True Risk Measures

S&P 500 Faces Key Technical Breaks but GBPUSD, USDJPY and USDCNH the True Risk Measures

While there are key events (like Chinese 3Q GDP and earnings) and high-profile technical levels (the midpoint of the S&P 500’s post-pandemic range) ahead, my focus moving forward is the health of the underlying financial system. The IMF’s warnings around exchange rate volatility, the need of UK stimulus and Japanese intervention speak to the cracks.

[leprivatebanker]

Chinese Yuan buyers may emerger around the swing highs or week's upper value extreme after the dollar surged by the swing failure on the hourly interval.

Chinese Yuan buyers may emerger around the swing highs or week’s upper value extreme after the dollar surged by the swing failure on the hourly interval.

Chinese Yuan buyers may emerger around the swing highs or week’s upper value extreme after the dollar surged by the swing failure on the hourly interval.