President Trump Not Likely to Label China a Currency Manipulator

President Trump Not Likely to Label China a Currency Manipulator






President Trump Not Likely to Label China a Currency Manipulator $BX President Donald Trump is unlikely to designate China a currency manipulator this month, breaking a campaign promise, and may “circle back” on healthcare legislation that failed in the House, one of his top economic advisers said Tuesday. The Trump administration is expected to issue […]






The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs

The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs






The Trump Effect: Trade Deficit Falls as Exports Hit 2-year Highs $DIA, $SPY, $QQQ, $VXX The US trade deficit fell more than expected in February as exports increased to a 2 year high and slowing domestic demand weighed on imports. The narrowing in the trade gap comes as The Trump Administration is pushing ahead with […]






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 […]






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 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 Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. The projected upper bound is: 6.97. The projected lower bound is: 6.88. The projected closing price is: 6.92. FOREX CNY= closed up 0.031 at 6.918. Volume was 3% […]






China Trying to Halt Capital Outflows, Market Bears “Smell Blood”

China Trying to Halt Capital Outflows, Market Bears “Smell Blood”






China Trying to Halt Capital Outflows, Market Bears “Smell Blood” $USDCNY China’s increasingly aggressive measures to clampdown on capital outflows has not gone unnoticed by US hedge-fund manager Kyle Bass. Mr. Bass is famed for his successful bet against the US housing market in the global financial crisis of Y’s 2007-2008, so markets monitor his […]






Economic Watch Shows China’s Economy is Stable

Economic Watch Shows China’s Economy is Stable






Economic Watch Shows China’s Economy is Stable China’s rising M-M inflation and narrower decline in producer prices in August have provided fresh evidence of a steadying economy, experts said. China’s consumer price index (CPI), a main gauge of inflation, rose 0.1% in August on a M-M basis, the National Bureau of Statistics (NBS) announced last […]






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. […]






China’s Forex Reserves Fell in July, Gold Reserves Up

China’s Forex Reserves Fell in July, Gold Reserves Up






China’s Forex Reserves Fell in July, Gold Reserves Up $CNY, $USD, $GLD China’s Forex (foreign exchange) reserves fell to $3.20-T in July, central bank data showed Sunday. Economists polled predicted Forex reserves would fall to $3.20-T from $3.21-T at the end of June. China’s reserves, the largest in the world, fell by $4.10-B in July. […]






IMF Prepares for Inclusion of China’s RMB in its SDR Basket

IMF Prepares for Inclusion of China’s RMB in its SDR Basket






IMF Prepares for Inclusion of China’s RMB in its SDR Basket $CNY, $USD, $GBP, $EUR, $JPY The International Monetary Fund (IMF) Monday announced its board decision to amend the rounding methodology for determining currency accounts in the Special Drawing Right (SDR) basket, in order to make technical preparations for the inclusion of the Chinese currency, […]






US RMB Yuan Trading, Clearing Advocates Rally the Need

US RMB Yuan Trading, Clearing Advocates Rally the Need






US RMB Yuan Trading, Clearing Advocates Rally the Need The US market’s USD-centric approach is changing with the RMB Yuan becoming more internationalized. The heads of a US working group formed to push use of the Chinese currency in the United States claim that expanding RMB trading and clearing there will help both the Chinese […]