FOREX TradingCharts.com

Forex News: Chinese Yuan Strengthens To 5-day High Against U.S.

Chinese Yuan Strengthens To 5-day High Against U.S. Dollar

06/29/2020 - 02:37:00 (RTTNews)

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

The yuan rose to a 5-day high of 7.0716 against the greenback, from a 6-day low of 7.0819 seen earlier in the session. The next possible resistance for the yuan is seen around the 6.8 level.

The People's Bank of China set today's central parity rate of the yuan at 7.0808 per dollar. Chinese markets were shut for the Dragon Boat Festival holiday on Thursday and Friday. The Chinese central bank sets central parity rate every morning and allows the yuan to fluctuate up to 2 percent from that level.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT FOREX and ECONOMIC NEWS STORIES


Loonie Slightly Up After Canada Jobs Data (15 hr(s), 04 min(s), 21 sec(s) ago)
(RTTNews) - Statistics Canada has released Canada jobs data for June at 8:30 am ET Friday. Th ...Full Story»

Dollar Little Changed After U.S. PPI (15 hr(s), 04 min(s), 21 sec(s) ago)
(RTTNews) - Following the release of U.S. producer prices for June at 8:30 am ET Friday, the green ...Full Story»

Loonie Rebounds Ahead Of Canada Jobs Data (15 hr(s), 13 min(s), 20 sec(s) ago)
(RTTNews) - Statistics Canada will publish Canada jobs data for June at 8:30 am ET Friday. Economi ...Full Story»

Dollar Recovers Ahead Of U.S. PPI (15 hr(s), 13 min(s), 20 sec(s) ago)
(RTTNews) - The U.S. producer prices for June are due at 8:30 am ET Friday. Ahead of the data, the ...Full Story»

Australian, NZ Dollars Lower On Virus Worries (19 hr(s), 19 min(s), 21 sec(s) ago)
(RTTNews) - The Australian and NZ dollars lost ground against their major counterparts in the Asia ...Full Story»

Dollar Little Changed Following Weekly Jobless Claims (15 hr(s), 07 min(s), 21 sec(s) ago)
(RTTNews) - The U.S. weekly jobless claims for the week ended July 4 have been released at 8:30 am ...Full Story»

Dollar Steady Ahead Of Weekly Jobless Claims (15 hr(s), 16 min(s), 21 sec(s) ago)
(RTTNews) - The U.S. weekly jobless claims for the week ended July 4 are due at 8:30 am ET Thursda ...Full Story»

Pound Strengthens On U.K. Fiscal Stimulus Plan (16 hr(s), 01 min(s), 20 sec(s) ago)
(RTTNews) - The pound appreciated against its major rivals in the European session on Thursday, as ...Full Story»

Search

FOREX NEWS

Dollar Little Changed After U.S. PPI

07/10/2020 - 08:36 AM (RTTNews)
(RTTNews) - Following the release of U.S. producer prices for June at 8:30 am ET Friday, the green ...Full Story>>

Loonie Slightly Up After Canada Jobs Data

07/10/2020 - 08:36 AM (RTTNews)
(RTTNews) - Statistics Canada has released Canada jobs data for June at 8:30 am ET Friday. Th ...Full Story>>

Dollar Recovers Ahead Of U.S. PPI

07/10/2020 - 08:28 AM (RTTNews)
(RTTNews) - The U.S. producer prices for June are due at 8:30 am ET Friday. Ahead of the data, the ...Full Story>>

Loonie Rebounds Ahead Of Canada Jobs Data

07/10/2020 - 08:27 AM (RTTNews)
(RTTNews) - Statistics Canada will publish Canada jobs data for June at 8:30 am ET Friday. Economi ...Full Story>>

Australian, NZ Dollars Lower On Virus Worries

07/10/2020 - 04:21 AM (RTTNews)
(RTTNews) - The Australian and NZ dollars lost ground against their major counterparts in the Asia ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.