China devalues Yuan for third day in a row

Note: This section contains information in English only.
Source: WBP Online
The PBoC devalued the national currency against the Greenback for the third consecutive day on Thursday, trying to align the Yuan's value to its offshore trading value. The central bank of China set the USD/CNY up 1.1% at 6.4010. Moreover, Chinese authorities intend to flood the money market with 40 billion Yuan on Thursday. Meanwhile, analysts anticipate further depreciation of Yuan this year. 
Back to articles

Actual Topics

Thu, 13 Aug 2015 08:05:04 GMT

Oil climbs on US stockpiles draw

Prices for oil jumped on Thursday amid another fall in the US crude stocks and the devaluation of the Yuan. Futures for WTI rose 0.67% to $43.59 per barrel, while futures for Brent grew 1% to $50.69 per barrel. Meanwhile the EIA lifted its projection concerning global oil demand for this year, however analysts say that China's currency devaluation could

Wed, 12 Aug 2015 13:25:14 GMT

Euro jumps on Greek deal

The shared currency extended its gains against the Greenback on Wednesday, following the traders' optimism on the Greek bailout deal. The EUR/USD pair rose 0.97% at $1.1150 by 11:18 AM GMT, trading around one-moth high. The Euro was mainly supported by the agreement between Greece and its creditors on a new bailout deal, while ignoring risk-off sentiment coming from the

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.