The People’s Bank of China have fixed USD/CNY at 7.0030 vs the estimated 7.0061 and 7.0037 yesterday. Overnight, USD/CNH bounced from 7.0185 to highs above 7.0300 on the trde war headlines that sent US treasury yields and the dollar lower. The US 2-year yields has been on the bid from 1.60% to 1.63% before falling back to 1.59% due to the US-China trade pessimism. The 10-year yields similarly fell from 1.85% to 1.80%. A CNBC news reported that Chinese officials were concerned over prior comments with respect to tariffs from Trump, owing to his reluctance to roll back any tariffs that had already been imposed. 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 USD/CAD technical analysis: On the front-foot above 100-day SMA FX Street 3 years The People's Bank of China have fixed USD/CNY at 7.0030 vs the estimated 7.0061 and 7.0037 yesterday. Overnight, USD/CNH bounced from 7.0185 to highs above 7.0300 on the trde war headlines that sent US treasury yields and the dollar lower. The US 2-year yields has been on the bid from 1.60% to 1.63% before falling back to 1.59% due to the US-China trade pessimism. The 10-year yields similarly fell from 1.85% to 1.80%. A CNBC news reported that Chinese officials were concerned over prior comments with respect to tariffs from Trump, owing to his reluctance to roll back any… 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.
