CCY:CNYUSD

Cny/usd Currency Pair News

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$0.148
-0.0001 (-0.0676%)
At Close: Jun 03, 2026
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as r
China's latest rate cut did little to dent the CNY's recovery, DBS' FX strategist Philip Wee notes.
USD/CNY experienced a sharp down after falling from 7.2760. It briefly dipped below the 200-DMA (7.2200).
We have lifted our end-2024 target for USD/CNY to 7.21 from 7.12. The People's Bank of China (PBoC) is studying how to carry out government bond trading in the secondary market with the finance minist
USD/CNY weakened over the past month from around 7.25 to 7.27. Another month of soft data has increased the odds of easing in the next few months, ING's FX analysts note.
Overview:The foreign exchange market is quiet. Most of the G10 currencies are +/- 0.1% against the dollar. The crash that took the of Iran's president and foreign minister may have helped lift gold to
USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate. CNH is the offshore yuan. USD/CNH has no restrict...
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