Chinese yuan set for 6.70–7.05 in ING reset ING cuts USD/CNY target to 6.70–7.05 for 2026; yuan up >2% YTD and trading near 6.8 (Apr 8, 2026), prompting hedge and portfolio recalibrations.

Chinese yuan set for 6.70–7.05 in ING reset: ING cuts USD/CNY target to 6.70–7.05 for 2026; yuan up >2% YTD and trading near 6.8 (Apr 8, 2026), prompting hedge and portfolio recalibrations. 👈 Read full analysis #ChineseYuan #USDCNY #ForexMarket #ForeignExchange #CurrencyTrading

PBOC Sets USD/CNY Midpoint at 6.8369 PBOC estimated to set USD/CNY midpoint at 6.8369 at 01:15 GMT on Apr 8, 2026; this fixing anchors onshore trading within a ±2% band (Reuters).

PBOC Sets USD/CNY Midpoint at 6.8369: PBOC estimated to set USD/CNY midpoint at 6.8369 at 01:15 GMT on Apr 8, 2026; this fixing anchors onshore trading within a ±2% band (Reuters). 👈 Read full analysis #PBOC #USDCNY #ChineseYuan #ForeignExchange #CurrencyMarket

Iran war shows dollar’s grip starting to slip on Asia#160Yen #AsianCurrencies #Block2 #Chineseyuan #DonaldTrump #Finance #IranWar #Oilprices #USdollar #USDollarDominance #USDollarIndex

PBOC Sets USD/CNY Reference at 6.8943 PBOC fixed USD/CNY at 6.8943 on Mar 24, 2026 and injected CNY17.5bn via a 7-day reverse repo at 1.4%, while Reuters had estimated 6.8840.

PBOC Sets USD/CNY Reference at 6.8943: PBOC fixed USD/CNY at 6.8943 on Mar 24, 2026 and injected CNY17.5bn via a 7-day reverse repo at 1.4%, while Reuters had estimated 6.8840. 👈 Read full analysis #PBOC #USDCNY #Forex #CurrencyExchange #ChineseYuan

The Dire Straits of Hormuz. Strait Talking.

The Dire Straits of Hormuz.
Not dollars.
Yuan. Part 1-3.
👉 bit.ly/4rGAeAw #StraitOfHormuz #IranWar #OperationEpicFury #BrentCrude #Petrodollar #Petroyuan #OilCrisis #EnergyCrisis #Dedollarisation #ChineseYuan @lbc.co.uk @lbcnews.bsky.social @lewisgoodall.com

Iran may permit oil tankers to pass Hormuz if trade uses yuan: Report 💴 #Strait_of_Hormuz #oilcrisis2026 #iran #chineseyuan www.dailysabah.com/business/eco...

Chinese yuan bereikt hoogste koers in 32 maanden ten opzichte van dollar Key takeaways De Chinese yuan bereikte vandaag zijn hoogste punt ten opzichte van de dollar in 32 maanden. Die stijging wordt toegeschreven aan de People’s Bank of China (PBOC), die de munt voorzichtig omhoog heeft gestuurd door de officiële middenkoers te verhogen. Hoewel die strategie het tempo van de waardestijging beheerst, heeft de PBOC sinds […]

Chinese yuan bereikt hoogste koers in 32 maanden ten opzichte van dollar #ChineseYuan #Dollar #Valuta #EconomischNieuws #PeopleBankOfChina

Chinese yuan at eight-week lows as Trump tariffs bite When Trump was set to win the presidential election last October, this is one chart that clearly shows how China chose to respond. The fear was an escalation in trade conflict as he takes office. And when that didn't turn out too bad in January, the Chinese yuan managed to find some stability. That is until today I guess. USD/CNY has now jumped to 7.30 at its highest in eight weeks. And if anything, it once again shows how Beijing might choose to respond towards Trump's latest tariffs announcement. In case you missed it: * Here's the full list tariff war declaration * Trump slams China with a 54% tariff rate * Trump’s 54% tariffs bring China close to ‘worst case’ scenario, PBOC easing soon * China's Commerce Ministry says will take countermeasures on Trump's tariffs It's crazy to imagine how steep he actually did go with tariffs against China. That certainly wasn't really expected and you can see how risk trades have been shaken up by that. It's a major blow to global growth prospects. Going back to the yuan, the comfort for China is that they have prepared for this somewhat since October last year. They allowed the yuan to weaken by over 4%, so they might not overreact for now. But in any case, this will surely mean more easing policy to be announced sooner rather than later. This article was written by Justin Low at www.forexlive.com.

| ctrendfx.com | bit.ly/CTrendFX1 #ChineseYuan #TrumpTariffs #TradeWar #ForexNews #CurrencyExchange

PBOC is expected to set the USD/CNY reference rate at 7.2423 – Reuters estimate People's Bank of China USD/CNY reference rate is due around 0115 GMT. The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%. How the process works: * Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading. * The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives. * Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value. This article was written by Eamonn Sheridan at www.forexlive.com.

| ctrendfx.com | bit.ly/CTrendFX1 #PBOC #USDCNY #Forex #CurrencyExchange #ChineseYuan