Reuters carried the latest headlines reported in the Chinese media, citing that the Chinese Yuan is unlikely to weaken to beyond 7.0000 against the US dollar, despite the escalating US-Sino trade tensions. This comes after the PBOC set its official Yuan midpoint to the lowest level in over a decade on Tuesday. The Yuan reference rate was fixed at 6.9574 per dollar, 197 pips, or 0.28 percent, weaker than the previous fix of 6.9377. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/JPY Technical Analysis: Falling channel breakout on the hourly chart FX Street 4 years Reuters carried the latest headlines reported in the Chinese media, citing that the Chinese Yuan is unlikely to weaken to beyond 7.0000 against the US dollar, despite the escalating US-Sino trade tensions. This comes after the PBOC set its official Yuan midpoint to the lowest level in over a decade on Tuesday. The Yuan reference rate was fixed at 6.9574 per dollar, 197 pips, or 0.28 percent, weaker than the previous fix of 6.9377. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
