The Chinese yuan is set for its strongest annual gain against the US dollar since 2020, defying official warnings as authorities attempt to slow its appreciation and market forecasts point to continued strength into next year.
#YonhapInfomax #Yuan #USDCNY #People'sBankOfChina #ExchangeRate #AnnualGain #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97910
Yuan Strengthens Despite Official Warnings—Set for Highest Annual Gain Since 2020

The Chinese yuan is set for its strongest annual gain against the US dollar since 2020, defying official warnings as authorities attempt to slow its appreciation and market forecasts point to continued strength into next year.

Yonhap Infomax
Global investment banks expect the PBOC to cut policy rates by up to 20bp and the RRR by up to 100bp in 2026, with the yuan likely to strengthen as the US-China yield gap narrows and Chinese exports recover.
#YonhapInfomax #People'sBankOfChina #PolicyRateCut #ReserveRequirementRatio #USDCNY #YuanAppreciation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95294
[2026 China Monetary Policy] Policy Rate to Fall 10–20bp—Yuan Strength Expected

Global investment banks expect the PBOC to cut policy rates by up to 20bp and the RRR by up to 100bp in 2026, with the yuan likely to strengthen as the US-China yield gap narrows and Chinese exports recover.

Yonhap Infomax
With Japan and #China inflation at 4% and 0.5%, respectively, China is now even more Japanized than Japan.
#usdcny #usdjpy

🇨🇳 #China trade data for November was weak.
Exports +6.7% Y/Y, below consensus (8.5%)
Imports –3.9% Y/Y, also worse than consensus (+0.3%)

The chart below shows USD levels. Notice that on a seasonally-adjusted basis, both exports and imports DECLINED on a sequential basis.

#USDCNY

🇨🇳 The Chinese RMB has depreciated to the lowest level in a year against the dollar.
#USDCNY
#Dollar steady while yen strengthens after suspected intervention. USD Index +0.1% amid political developments. #EURUSD down as Eurozone PMI data awaited. #GBPUSD influenced by UK politics. #USDJPY weakens ahead of #BOJ meeting. #USDCNY rises with concerns over China. #Yen #Forex
#USD slips post 4-week high ahead of #Fed meeting. Eyes on #CPI data. #GBPUSD up despite #UK's zero April #GDP growth. EUR/USD gains as German inflation rises. #USDJPY, #USDCNY steady on mixed data. #Forex #Economy #Inflation
The US #dollar steadies as markets await key inflation data. #GBPUSD gains on robust UK GDP data, while #EURUSD holds firm despite expectations of an ECB rate cut. In Asia, #USDCNY rises on mixed Chinese inflation figures, while #USDJPY remains stable amid potential intervention.

RT @[email protected]

I was right. Binance P2P CNY trading falls.

Will other P2P platforms benefit from this, or will they also succumb to Chinese influence? Another test for offshoreism and decentralization.

https://twitter.com/MattAhlborg/status/1448278586817925124

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Binance to suspend Chinese yuan from P2P platform in December

https://nairametrics.com/2021/10/13/binance-to-suspend-chinese-yuan-from-p2p-platform-in-december/

#Bitcoin  #CNY #Yuan #China 🇨🇳 #USDCNY #BTCCNY #RMB #Chinese #Renminbi #Binance #BinanceP2P #P2P #P2PTrading #P2PTradingPlatform #P2PExchange #MattAhlborg

Matt Ahlborg on Twitter

“I was right. Binance P2P CNY trading falls. Will other P2P platforms benefit from this, or will they also succumb to Chinese influence? Another test for offshoreism and decentralization. https://t.co/G8dTd5a2iw https://t.co/jrKDb51CON”

Twitter
P2P Trading Exchanges where AliPay and WeChat Pay are traded for bitcoin

Showing [P2P Trading Exchanges](https://np.reddit.com/r/Bitcoin/comments/dxet6u) where Alipay and WeChat Pay are traded for bitcoin (or other...