China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk

China’s $38-T Off-Balance Sheet Items Poses Little Risk $CNY, $UBS, $MCO The Chinese finance sector’s RMB 253-T ($38-T) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group AG (NYSE:UBS). Despite the size of the number, a […]

US Soybean Export Council Optimistic about China-US Relationship

US Soybean Export Council Optimistic about China-US Relationship

US Soybean Export Council Optimistic about China-US Relationship $SOYB, $USD, $CNY The US Soybean industry is very optimistic about the future relationship with the Chinese soybean processing and utilization industries. “We expect China’s economy to grow, consumers’ income to increase and urbanization to expand,” Paul Burke, North Asia regional director of US Soybean Export Council […]

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar

Gold and the Fall of the US Dollar $OIL, $GLD, $SLV, $USD, $CNY China, Russia, and Saudi Arabia are aligning in response to trade sanctions and political discord from the West. Together, they may bring an end to the global supremacy of America and the USD, according to analyst Peter Reagan. China, Russia, and Saudi […]

Xi Sailing BRICS’ Ship on Epic Voyage

Xi Sailing BRICS’ Ship on Epic Voyage

Xi Sailing BRICS’ Ship on Epic Voyage $GS, $CNY, $LNGVY, $BABA In stormy waters it is common for fishermen in Southeast China to set out to sea in groups. Each boat has its own Captain, but they will discuss fishing strategies when they return from a voyage. Over cans of beer, they argue but soon […]

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System

China Begins Resetting The World’s Reserve Currency System $GLD, $OIL, $CNY It is a strategic move swapping Crude Oil for Gold, rather than for US Treasuries, which can be printed at will. A report released by the Nikkei Asian Review indicates that China is prepared to release a RMB Yuan denominated Crude Oil futures contract […]

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold

Russia and China Setting Up to Transact Energy Business in Gold $GLD, $OIL, $USD, $CNY Russia’s largest bank, state-owned Sberbank, announced that its Swiss subsidiary had begun trading in Gold on the Shanghai Gold Exchange. Russian officials have signaled that they plan to conduct transactions with China using Gold as a means of marginalizing the […]

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

Chinese Yuan (CN¥) Strengthens Against US Dollar ($)(CNYUSD)

China’s yuan firms on stronger fixing, Q2 GDP data shrugged off China’s yuan, which has firmed against the U.S. dollar the past five sessions, strengthened again on Monday after the central bank lifted its official guidance for the Chinese currency’s midpoint to an 8-1/2 month high. The central parity rate of the Chinese currency renminbi, […]

Chinese Yuan (CN¥) Winning Streak Over

Chinese Yuan (CN¥) Winning Streak Over

China’s yuan weakened against the US dollar after a softer official fixing on Monday, snapping the currency’s four-day winning streak, while the launch of a bond trading scheme between China and Hong Kong had little impact on the market. The “Bond Connect” programme between China and Hong Kong kicked off on Monday, linking China’s US$9 […]

CN¥ Firmed Against US Dollar – crackdown on illegal sales

CN¥ Firmed Against US Dollar – crackdown on illegal sales

  China’s yuan firmed against the dollar on Monday, supported by a stronger midpoint fix and as data pointed to more balanced supply and demand in the forex market amid Beijing’s tougher crackdown on illegal capital outflows. Traders expect more volatility for the yuan in coming months, however, amid mounting expectations that the greenback could […]

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

Quick Profits On The Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD)

China’s yuan firmed slightly against the US dollar ahead of possibly tighter monetary policy at home if US interest rates rise this week. The market has turned its focus to the Federal Reserve’s two-day policy meeting that starts later on, speculating that a hike in rates there will have a spillover effect on domestic money […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Technical Analysis Still High Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.89. The projected upper bound is: 6.87. The projected lower bound is: 6.83. The projected closing […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) China and The World’s Reserves Credit Suisse has cut its forecast for the Chinese yuan as Beijing sharpens its focus on currency stability. The bank cut its 3-month forecasts for the yuan against the U.S. dollar (USDCNY) to 6.88 compared to its previous forecast of 6.98, and […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Falls China’s yuan firmed against the U.S. dollar on Wednesday after the central bank fixed its daily midpoint at the strongest level in three months, but the renminbi slid to new lows against currencies in a trade-weighted basket. official midpoint CNY=PBOC at 6.8635 per dollar prior to […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Changing Frequently China’s yuan edged up against the U.S. dollar on Tuesday after the central bank set guidance at its strongest in three weeks, but traders said corporate demand for the greenback could pressure the Chinese currency in the […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy

Chinese Yuan (CN¥) ⇨ US Dollar ($) (CNYUSD) Boosting Economy Highlights *Internationalization of Chinese yuan to boost Kenya’s economy *Beijing is now one of Kenya’s top trading partners and this has raised the significance of the renminbi (RMB) *The number of banks that can provide Chinese yuan over the counter is increasing *Chinese yuan weakens […]

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD)

Chinese Yuan (CN¥) Steady Against US Dollar ($) (CNYUSD) China’s yuan was steady against the US dollar on Friday, with sentiment improving on firmer signals from the authorities and as investors trimmed bearish bets on the Chinese currency. The People’s Bank of China set the midpoint rate at 6.8884 per US dollar prior to market […]

Chinese Yuan (CN¥) Weakening

Chinese Yuan (CN¥) Weakening

Chinese Yuan (CN¥) Weakening Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.91. The projected lower bound is: 6.87. The projected closing price is: 6.89. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 […]

Chinese Yuan (CN¥) Drops Under US Dollar ($)

Chinese Yuan (CN¥) Drops Under US Dollar ($)

Chinese Yuan (CN¥) Drops Under US Dollar ($) Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.92. The projected lower bound is: 6.87. The projected closing price is: 6.89. Candlesticks A big white candle occurred. This is generally considered bullish, as […]

Chinese Yuan (CN¥) Volatility Is Extremely Low

Chinese Yuan (CN¥) Volatility Is Extremely Low

Chinese Yuan (CN¥) Volatility Is Extremely Low Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.91. The projected lower bound is: 6.86. The projected closing price is: 6.88. Candlesticks A black body occurred (because prices closed lower than they opened). During […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) Big Bang Coming for China’s forex ambitions

Chinese Yuan (CN¥) ⇨ US Dollar ($) Big Bang Coming for China’s forex ambitions

Chinese Yuan (CN¥) ⇨ US Dollar ($) Big Bang Coming for China’s forex ambitions Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.91. The projected lower bound is: 6.86. The projected closing price is: 6.88. Candlesticks A white body occurred (because […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) Update

Chinese Yuan (CN¥) ⇨ US Dollar ($) Update

Chinese Yuan (CN¥) ⇨ US Dollar ($) Update Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.90. The projected lower bound is: 6.86. The projected closing price is: 6.88. Candlesticks A black body occurred (because prices closed lower than they opened). […]

Chinese Yuan (CN¥) ⇨ US Dollar ($) Analysis

Chinese Yuan (CN¥) ⇨ US Dollar ($) Analysis

Chinese Yuan (CN¥) ⇨ US Dollar ($) Analysis Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.91. The projected lower bound is: 6.86. The projected closing price is: 6.89. Candlesticks A big white candle occurred. This is generally considered bullish, as […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook 12/03/17

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook 12/03/17

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook 12/03/17 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.95. The projected lower bound is: 6.85. The projected closing price is: 6.90. FOREX CNY= closed down -0.004 at 6.905. Volume was […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.88. The projected upper bound is: 6.92. The projected lower bound is: 6.82. The projected closing price is: […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.88. The projected upper bound is: 6.91. The projected lower bound is: 6.81. The projected closing price is: […]

FLASH Update: China “Grand Champions” of Currency Manipulation

FLASH Update: China “Grand Champions” of Currency Manipulation

FLASH Update: China “Grand Champions” of Currency Manipulation $CNY, $USD, $USDCNY FLASH: US President Donald Trump declared China the “Grand Champions” of currency manipulation Thursday, just a few hours after his new Treasury Secretary, Steven Mnuchin, pledged a more methodical approach to analyzing Beijing’s Fx (foreign exchange) practices. In an exclusive interview with Reuters, President Trump […]

FX News: Trading China’s RMB

FX News: Trading China’s RMB

FX News: Trading China’s RMB China’s RMB closed up 0.012 at 6.864. Volume was 42% below average (neutral) and Bollinger Bands were 68% narrower than normal. Open High Low Close Volume___ 6.852 6.871 6.852 6.864 1,230 Technical Outlook Short Term: Neutral Intermediate Term: Bearish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 6.87 6.90 […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) China HEFFX Outlook Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.88. The projected upper bound is: 6.92. The projected lower bound is: 6.81. The projected closing price is: […]

US President Trump Set to Name China a ‘Currency Manipulator’

US President Trump Set to Name China a ‘Currency Manipulator’

US President Trump Set to Name China a ‘Currency Manipulator’ $USD, $CNY, $AAPL, $BA Experts warn investors that President Donald Trump will soon fulfill his campaign vow to label China a ‘currency manipulator’. “Some time in the next couple of weeks, we think it is likely that President Trump will declare China a currency manipulator […]

China USDCNY Outlook

China USDCNY Outlook

China USDCNY Outlook USDCNY closed up 0.007 at 6.956. Volume was 34% below average (neutral) and Bollinger Bands were 26% wider than normal. Open High Low Close Volume___ 6.948 6.959 6.948 6.956 1,528 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 6.95 6.86 6.67 Volatility: 4 […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Trading Outlook China Overall, the bias in prices is: Upwards. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.94. The projected lower bound is: 6.87. The projected closing price is: 6.90. FOREX CNY= closed down -0.006 at 6.898. Volume was […]

RMB Yuan Weakens, China Purchasing Gold Overseas

RMB Yuan Weakens, China Purchasing Gold Overseas

RMB Yuan Weakens, China Purchasing Gold Overseas $GLD, $SLV, $USDCNY As the RMB Yuan retreats, China is buying Gold. The world’s biggest consumer of the precious Yellow metal raised bullion imports from Hong Kong in September for the 1st time in 4 months as investors sought to diversify their assets on prospects for further currency […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook HEFFX Notes Chinese Yuan Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 6.63. The projected upper bound is: 6.71. The projected lower bound is: 6.64. The projected […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook HEFFX Notes Chinese Yuan Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.71. The projected lower bound is: 6.63. The projected closing price is: 6.67. FOREX CNY= closed up 0.013 at 6.669. Volume […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) Trading Outlook HEFFX Notes Chinese Yuan Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.69. The projected lower bound is: 6.61. The projected closing price is: 6.65. FOREX CNY= closed up 0.022 at 6.652. […]

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes HEFFX Renminbi Target is 7.00. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.70. The projected lower bound is: 6.62. The projected closing price is: 6.66. Candlesticks indicates a continuation […]

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes

Chinese Yuan Renminbi (CNY) ⇨ US Dollar ($) (USDCNY) HEFFX Notes HEFFX Renminbi Target is 7.00. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.69. The projected lower bound is: 6.62. The projected closing price is: 6.65. Candlesticks signify a steady […]

CNY Bearish Outlook

CNY Bearish Outlook

FOREX USD/CNY For 8/5/2016 the closing price was 6.6445. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.68. The projected lower bound is: 6.61. The projected closing price is: 6.65. Rex Takasugi – TD Profile Analysis of FOREX CNY= (CNY=)  as of 8/5/2016 […]

CNY Heffx Outlook

CNY Heffx Outlook

FOREX CNY/USD For 8/4/2016 5:00 AM the closing price was 6.6363. Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.64. The projected lower bound is: 6.63. The projected closing price is: 6.64. Rex Takasugi – TD Profile Analysis of FOREX CNY= (CNY=)  as […]

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Update

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Update

US Dollar ($) ⇨ Chinese Yuan (CN¥)(USDCNY) HEFFX Update Chinese Yuan HEFFX Notes Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.66. The projected lower bound is: 6.59. The projected closing price is: 6.63. FOREX Chinese Yuan= closed down -0.018 at […]

Understanding China’s Bond Market

Understanding China’s Bond Market

Understanding China’s Bond Market The bond market of the Shanghai Stock Exchange (SSE) maintains a rapid growth these years, through the integration of all aspects of resources and intensified marketing efforts. The number of bonds listed, the amount of debt outstanding and the transaction volume have achieved significant breakthroughs. As of 31th, Dec., 2012, the […]

The Strength of Shanghai International Financial Center

The Strength of Shanghai International Financial Center

The Strength of Shanghai International Financial Center As the economic center of China, Shanghai has always been the epitome of China’s reform and opening up, and a pioneer of China’s modernization, and its achievements have impressed the whole world. Particularly, it has its own strength in making itself an international financial center. Currently, the value […]