Yuan Slides Again While Euro Marches Higher
The Chinese yuan fell again for a second day on Wednesday as the People’s Bank of China lowered the midpoint by a further 1.6% to 6.3306 per dollar. The yuan dropped to a...
Symbol | Exchange | Currency |
|---|
The Chinese yuan fell again for a second day on Wednesday as the People’s Bank of China lowered the midpoint by a further 1.6% to 6.3306 per dollar. The yuan dropped to a...
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...
The Chinese yuan fell again for a second day on Wednesday as the People’s Bank of China lowered the midpoint by a further 1.6% to 6.3306 per dollar. The yuan dropped to a...
Type | 5 Min | 15 Min | Hourly | Daily | Monthly |
|---|---|---|---|---|---|
| Moving Averages | Strong Buy | Strong Buy | Strong Buy | Sell | Sell |
| Technical Indicators | Buy | Buy | Buy | Sell | Strong Buy |
| Summary | Strong Buy | Strong Buy | Strong Buy | Sell | Neutral |
Pattern | Timeframe | Reliability | Candles Ago | Candle Time | |
|---|---|---|---|---|---|
| Emerging Patterns | |||||
| Belt Hold Bullish | 15 | Current | |||
| Completed Patterns | |||||
| Tri Star Bearish | 5H | 1 | Feb 07, 2023 05:00AM | ||
| Deliberation Bearish | 1M | 2 | Dec 22 | ||
| Doji Star Bullish | 1D | 2 | Feb 05, 2023 | ||
Time | Cur. | Imp. | Event | Actual | Forecast | Previous |
|---|---|---|---|---|---|---|
| Tuesday, February 7, 2023 | ||||||
| 03:05 | CNY | 3.184T | 3.152T | 3.128T | ||
| 18:00 | KRW | -0.62B | ||||
Bank of Korea(BOK) | ||
| Current Rate | 3.50% | |
| Chairman | Rhee Chang-yong |
People's Bank of China(PBOC) | ||
| Current Rate | 3.65% | |
| Chairman | Yi Gang |