6.719
Today
+0.06%
5 Days
+0.23%
1 Month
-0.03%
6 Months
-2.48%
Year to Date
-3.66%
1 Year
-5.86%
Opening Price
6.713Previous Closing Price
6.715
The upside prevails as long as 6.7074 is support, with 6.7222 and 6.7246 as targets
below 6.7074, expect 6.7033 and 6.7009.
The upside prevails as long as 6.7074 is support, with 6.7222 and 6.7246 as targets
The People’s Bank of China (PBoC) said on Thursday that it will step up counter-cyclical adjustments and continue to implement an “appropriately loose” monetary policy, according to Reuters.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7489 compared to the previous day's fix of 6.7468 and 6.7184 Reuters estimate.
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7468 compared to the previous day's fix of 6.7459 and 6.6971 Reuters estimate.
OCBC strategists Sim Moh Siong and Christopher Wong note that the Renminbi (RMB) has extended gains, with USD/CNY breaking below 6.70 as the People's Bank of China (PBoC) strengthened the fix for nine straight sessions ahead of the Trump–Xi meeting.
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7459 compared to the previous day's fix of 6.7487 and 6.6989 Reuters estimate.
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7487 compared to Friday's fix of 6.7521 and 6.6951 Reuters estimate.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
