Yuan advances to 19-year high as central bank raised the fixing

Note: This section contains information in English only.
Source: Bloomberg
China's currency advanced to the highest level in 19 years after the People's Bank of China bolstered the Yuan's reference rate by 0.12% to 6.3028 per U.S. Dollar on U.S. second presidential debate. The Yuan gained 0.15% to 6.2547 versus the greenback, after touching 6.2530 earlier, the strongest since 1993. 
Back to articles

Actual Topics

Wed, 17 Oct 2012 07:07:24 GMT

Asian stocks rise on U.S. industrial production data

Asian stocks rose as the U.S. industrial production surpassed expectations and Moody's Investors Service did not change Spain's credit rating. The MSCI Asia Pacific Index gained 0.9% to 122.77. Japan's Nikkei 225 Stock Average advanced 1.2%, Australia's S&P/ASX 200 gained 0.8% and New Zealand's NZX 50 Index rose 0.6%. South Korea's Kospi Index climbed 0.6%. 

Wed, 17 Oct 2012 06:45:22 GMT

China's inflation close to the slowest pace in 2 years in September

China's inflation cooled almost to the slowest pace in 2 years in September, providing the government with a room for policy easing should the nation's economy deteriorate. Consumer prices increased 1.9% from the previous year, whereas producer-price index declined 3.6%, according to the National Bureau of Statistics. Another report showed that China's imports rose 2.4 % from 2011, while exports

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
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.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
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.