USDCNH Retesting Broken Support USDCNH Has been trading in a narrow bearish channel over recent week, moving lower from the 6.5805 weekly highs, breaking below the 6.4018 level support to lows of...
Chinese Central Bank Takes Action Against Rising Yuan
PBOC Fighting Back The PBOC has taken a series of steps this week aimed at halting the ongoing rise of the Chinese Yuan. USCNH is down over 3.5% this year alone, and more than 11% from the 202 highs....
US/China Tensions Haven't Gone Away You Know...
Biden Vows To Continue Tough Stance on ChinaFollowing Trump’s exit from the US Oval Office, it’s fair to say that US/China relations have been largely removed from the spotlight. While this is mostly...
AUDCNH Sinks As Aussie/China Tensions Flare Up
China Takes Aim At Australian Budget Tensions between China and Australia have deteriorated yet again this week with China threatening to apply more economic sanctions against Australia over the...
China Announces Counter-Sanctions Against UK
UK Announces China Sanctions Relations between the UK and China have deteriorated further this week amidst the UK announcing sanctions against China over its human rights abuses against the Uighur...
Biden Warns China of "Extreme Competition" From The US
Biden To Take Tough Stance on ChinaUS/China relations have been back in the spotlight this week with President Biden vowing to take a tough stance against China. Biden warned the world's second...
Australia Attempting Resolution With China As Tensions Mount
Aussie Coal Ships StrandedFollowing recent reports that more than 50 ships delivering Australian coal to China have been left stranded off the coast of the country, the Australian PM is now engaged in...
Chinese GDP Surges higher in Q3
Strong Q3 Growth While most of the developed economies in the world continue to see negative growth figures as the COVID pandemic wears on, China has bucked the trend. Given that the virus originated...
US/China Tensions Flare Following UN General Assembly
Trump Criticises China Once AgainTensions between the US and China have ratcheted higher again this week as the two leading economies clashed at the UN General Assembly. During his speech, president...
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