Offshore RMB staging a reversal Offshore RMB on June 2 to continue to fluctuate and staged a big reversal. At 12:00 against the dollar reported 6.7908 yuan, compared with yesterday’s devaluation 408 pips, the lowest we have had seen is 6.7941. Onshore RMB performance is relatively stable, noon reporting 6.8148 yuan. A slight depreciation […]
Money Exchange News of the Day US Dollar Friday fell to 7-month low after the jobs data, data showed last month’s job growth than expected, markets worry about or will affect the pace the Federal Reserve will raise interest rates later this year. US Dollar falling to 7-month low point against the euro and the […]