FlowBank

1212 days ago

China back in deflation. End of CNY uptrend to follow?

Deflation and a strong USD exchange rate that could hurt exports. End of CNY appreciation coming?

#Forex
China back in deflation. End of CNY uptrend to follow?

1213 days ago

China FX reserves jump by most in 7 years to fight #USDCNY decline

A little over five years since China's 2015 devaluation, which sparked an avalanche of FX reserve liquidation as Beijing scrambled to halt a tsunami of capital outflows which at one point culminated in a furious wave of bitcoin buying by Chinese residents, China is once again adding FX reserves at a blistering pace.

#Forex
China FX reserves jump by most in 7 years to fight #USDCNY decline

1214 days ago

According to GS, the Euro could go up to $1.25 in the coming year

Source: Goldman Sachs

#Forex
euro dollar uptick

1214 days ago

Brexit trade deal nerves at the final hurdle - #GBPUSD -1.5%

No agreement was reached over the weekend for a post-Brexit EU/UK trade deal. As of Monday GBP is down 1.5% with both sides saying that 'material differences' remain. 

#Forex
Brexit trade deal nerves kicking in at the final hurdle #GBPUSD

1215 days ago

Is the Euro breaking out against dollar?

Source: Bloomberg

#Forex
Euro-dollar
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