Stay in step with market opportunities and get insights, actionable trade ideas and dedicated support.
USD/CNH, AUD/JPY: China ‘data dump’ relieves pressure on yuan, Australian dollar
China’s August “data dump” has come in ahead of expectations, solidifying the view activity in the world’s second-largest economy is beginning to stabilise.
USD/CNH: Turning point as yuan strengthens despite US core CPI strength?
USD/CNH has broken out of the range it’s been in since July, signaling a potential period of consolidation, or even a reversal, from the prevailing bullish trend.
USD/CNH: Encouraging signs from China’s economy may spark deeper reversal
The Chinese yuan looks set for its largest gain against the US dollar since March, propelled higher a triple-whammy of factors.
Why trade with City Index?
Tight spreads from 0.5 pts on FX and 0.3 pts on indices.
Award-winning platforms with fast and secure execution.
China A50: upside risks for earnings grow as stimulus ramps up
Comprising huge financial and property firms, China's A50 may benefit from the rapid rollout of stimulus measures.
USD/CNH, China A50 vulnerable as stimulus measures disappoint
China cuts benchmark interest rates less than expected, adding to concerns about the trajectory for Chinese markets and the economy.
USD/CNY: PBOC ramps up efforts to defend the yuan
The People's Bank of China delivers the strongest USD/CNY fix relative to expectations on record.
AUD/USD, USD/CNH whipsawed as PBOC cuts rates
USD/CNH rallies as the PBOC unexpectedly cuts wholesale interest rates. AUD/USD gains on stimulus hopes.
China ready to intervene in USD/CNH; Tells banks to prepare
After the BOJ and the BOE intervened in the markets, traders are asking “Who’s next?”.
European Open: The PBOC cut lending rate, EUR/CHF set for new lows?
The PBOC lifted China’s equity markets and commodity FX pairs with another round of easing, aimed at supporting their flailing property market.
Could the PBOC allow USD/CNH to head for 7.000
USD/CNH enjoyed its best day since the pandemic yesterday following China’s weak data, as the PBOC seemingly want to allow their currency to slide to help support the economy.
China CPI, PPI, and RRR
The most impactful piece of news from China was the increase in the Reserve Requirement Ratio (RRR) by the PBOC from 7% to 9%
European Open: PBOC to ‘take it easy’ on XI’s command?
The independence of China’s central bank is being questions on reports that China’s top anticorruption agency have been the PBOC’s offices after the past few weeks.
Are China’s problems finally catching up? USD/CNH
It appears that the PBOC couldn’t keep the Yuan down any longer and may have “let it go” to take out stops below the market
People’s Bank of China: a guide to China’s interest rates
The People’s Bank of China is somewhat of an enigma compared to other central banks. Find out everything you need to know about the PBOC and how its meetings influence financial markets.
Open an account in minutes
Experience award-winning platforms with fast and secure execution, and enjoy tight spreads from 0.5 pts on FX and 0.3 pts on indices.