Market Tests China’s Appetite For Weaker Yuan
PBoC stay’s the course and devalues again Investors willing to teat Beijing’s appetite for a weaker currency Other Asian central banks react to a lower yuan Chinese...
Symbol | Exchange | Currency |
|---|
PBoC stay’s the course and devalues again Investors willing to teat Beijing’s appetite for a weaker currency Other Asian central banks react to a lower yuan Chinese...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Sell | Strong Sell | Sell | Sell | Strong Sell |
| Technical Indicators | Sell | Sell | Buy | Strong Buy | Sell |
| Summary | Strong Sell | Strong Sell | Neutral | Neutral | Strong Sell |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Completed Patterns | |||||
| Tri Star Bearish | 30 | 2 | Dec 11, 2023 01:00PM | ||
| Tri Star Bearish | 15 | 3 | Dec 11, 2023 01:30PM | ||
| Tri Star Bullish | 30 | 5 | Dec 11, 2023 11:30AM | ||
| Tri Star Bullish | 15 | 5 | Dec 11, 2023 01:00PM | ||
| Tri Star Bearish | 30 | 6 | Dec 11, 2023 11:00AM | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, December 12, 2023 | ||||||
| 07:00 | INR | 5.70% | 4.87% | |||
| 07:00 | INR | 6.00% | ||||
| 07:00 | INR | 10.00% | 5.80% | |||
| 07:00 | INR | 4.50% | ||||
| Current Rate | 6.50% | |
| Central Bank Governor | Shri Shaktikanta Das |
People's Bank of China(PBOC) | ||
| Current Rate | 3.45% | |
| Chairman | Yi Gang |