- USDX
- XAUUSD
- XAGUSD
- WTI
Markets
Analysis
User
24/7
Economic Calendar
Education
Data
- Names
- Latest
- Prev












Signal Accounts for Members
All Signal Accounts
All Contests


Polish Copper Miner KGHM Sold 63,600 Tons Of Copper In June, Up 1% Year-on-Year; Copper Production Reached 59,000 Tons, Up 3.1% Year-on-Year
Ireland's Treasury: Ireland Plans To Introduce An €8.5 Billion Package For Its 2027 Budget, Down From €9.4 Billion A Year Ago
Sources Say Glencore Plans To Extract Large Quantities Of Lead From London Metal Exchange (LME) Warehouses
EU High Representative For Foreign Affairs And Security Policy, Karas: The Southern Star Oil Tanker Was Boarded And Inspected On July 20 For Flag Verification
Gold Jewelry Prices Have Risen By About 28 Yuan Per Gram, With Many Brands Now Pricing Gold Jewelry At 1,250 Yuan Per Gram
Iran Set The Price Of Its Iranian Light Crude Oil Exports To Asia In August At A Discount Of $4.35 Per Barrel To The Oman/Dubai Benchmark
According To Interfax News Agency, The Russian Ministry Of Defense Stated That Russian Forces Have Taken Control Of Blakhodatne In The Zaporizhzhia Region Of Ukraine
The European Union Aviation Safety Agency's Recommendations Regarding Jordanian Airspace Are Valid Until August 31, 2026
According To TASS: The Russian Ministry Of Defense Stated That Russian Troops Have Taken Control Of Ardilny In The Kharkiv Region Of Ukraine
The European Union Aviation Safety Agency Advises Airlines Not To Operate At Any Altitude Or Flight Level In Jordanian Airspace
Spokesperson For The Ministry Of Commerce Answers Reporters' Questions On France's "Anti-Ultra-Fast Fashion" Law
Ukraine's New Top Commander: Ukrainian President Zelenskyy Has Ordered The Armed Forces To Intensify Their Counter-offensive

U.S. Conference Board Leading Economic Index (Jun)A:--
F: --
P: --
Argentina Trade Balance (Jun)--
F: --
P: --
U.K. Average Weekly Earnings (3-Month Average, Including Bonuses) YoY (May)A:--
F: --
P: --
U.K. 3-Month ILO Employment Change (May)A:--
F: --
P: --
U.K. Average Weekly Earnings (3-Month Average, Excluding Bonuses) YoY (May)A:--
F: --
P: --
U.K. Unemployment Rate (Jun)A:--
F: --
P: --
U.K. Unemployment Claimant Count (Jun)A:--
F: --
P: --
U.K. 3-Month ILO Unemployment Rate (May)A:--
F: --
P: --
Germany ZEW Current Conditions Index (Jul)A:--
F: --
P: --
Euro Zone ZEW Economic Sentiment Index (Jul)A:--
F: --
P: --
Germany ZEW Economic Sentiment Index (Jul)A:--
F: --
P: --
Euro Zone ZEW Current Conditions Index (Jul)A:--
F: --
P: --
Mexico Retail Sales MoM (May)--
F: --
P: --
South Korea PPI MoM (Jun)A:--
F: --
P: --
Japan Exports YoY (Jun)A:--
F: --
P: --
Japan Goods Trade Balance (SA) (Jun)A:--
F: --
P: --
Japan Imports YoY (Jun)A:--
F: --
P: --
Japan Trade Balance (Not SA) (Jun)--
F: --
P: --
Australia Westpac Leading Index MoM (Jun)A:--
F: --
P: --
U.K. Output PPI MoM (Not SA) (Jun)A:--
F: --
P: --
U.K. Output PPI YoY (Not SA) (Jun)A:--
F: --
P: --
U.K. Core Retail Prices Index YoY (Jun)A:--
F: --
P: --
U.K. Core CPI YoY (Jun)A:--
F: --
P: --
U.K. Input PPI YoY (Not SA) (Jun)A:--
F: --
P: --
U.K. CPI YoY (Jun)A:--
F: --
P: --
U.K. Retail Prices Index YoY (Jun)A:--
F: --
P: --
U.K. Retail Prices Index MoM (Jun)A:--
F: --
P: --
U.K. CPI MoM (Jun)A:--
F: --
P: --
U.K. Input PPI MoM (Not SA) (Jun)A:--
F: --
P: --
Indonesia 7-Day Reverse Repo RateA:--
F: --
P: --
U.S. EIA Weekly Cushing, Oklahoma Crude Oil Stocks Change--
F: --
P: --
U.S. EIA Weekly Crude Stocks Change--
F: --
P: --
U.S. EIA Weekly Gasoline Stocks Change--
F: --
P: --
U.S. EIA Weekly Crude Demand Projected by Production--
F: --
P: --
Australia Labor Force Participation Rate (SA) (Jun)--
F: --
P: --
Australia Employment (Jun)--
F: --
P: --
Australia Unemployment Rate (SA) (Jun)--
F: --
P: --
Australia Full-time Employment (SA) (Jun)--
F: --
P: --
Turkey 1-Week Repo Rate--
F: --
P: --
Euro Zone ECB Main Refinancing Rate--
F: --
P: --
Euro Zone ECB Marginal Lending Rate--
F: --
P: --
Euro Zone ECB Deposit Rate--
F: --
P: --
ECB Press Conference
ECB Monetary Policy Statement
Canada Core Retail Sales MoM (SA) (May)--
F: --
P: --
U.S. Weekly Initial Jobless Claims (SA)--
F: --
P: --
Canada Retail Sales MoM (SA) (May)--
F: --
P: --
U.S. Chicago Fed National Activity Index (Jun)--
F: --
P: --
U.S. Initial Jobless Claims 4-Week Avg. (SA)--
F: --
P: --
U.S. Weekly Continued Jobless Claims (SA)--
F: --
P: --
U.S. EIA Weekly Natural Gas Stocks Change--
F: --
P: --
U.S. Kansas Fed Manufacturing Production Index (Jul)--
F: --
P: --
U.S. Kansas Fed Manufacturing Composite Index (Jul)--
F: --
P: --
U.K. GfK Consumer Confidence Index (Jul)--
F: --
P: --
Japan National CPI MoM (Jun)--
F: --
P: --
Japan National CPI YoY (Jun)--
F: --
P: --
U.K. Retail Sales YoY (SA) (Jun)--
F: --
P: --
Germany GfK Consumer Confidence Index (SA) (Aug)--
F: --
P: --
U.K. Core Retail Sales YoY (SA) (Jun)--
F: --
P: --
Russia Key Rate--
F: --
P: --
Canada Industrial Product Price Index MoM (Jun)--
F: --
P: --














































No matching data
Wall Street firms increasingly project a stronger Chinese yuan, driven by exports, capital inflows, and Beijing's policy signals.
Bank of America has upgraded its forecast for the Chinese yuan, joining a growing consensus among Wall Street firms that Beijing will allow its currency to strengthen further. The move signals rising confidence in the yuan's rally, which has been gaining momentum in recent weeks.
Other major institutions, including Goldman Sachs, Morgan Stanley, and Australia & New Zealand Banking Group, have also recently revised their yuan estimates upward as the currency's advance accelerates.
Bank of America now projects the onshore yuan will reach 6.7 per U.S. dollar by the end of the third quarter, a notable revision from its previous forecast of 6.8.
Claudio Piron, head of Asia rates and currency strategy at BofA Global Research, cited "robust exports and firmer policy signals" as key factors behind the new forecast. "The yuan's strength is spilling into broader emerging-market FX gains," he noted.
Goldman Sachs also sees continued strength, forecasting the yuan will hit 6.80 in six months and 6.70 in twelve months. The bank credits this outlook to greater tolerance from Chinese policymakers and record capital inflows.
The yuan's appreciation isn't happening in a vacuum. Several powerful forces are fueling its recent performance:
• Sustained Capital Inflows: A significant surge in capital flowing into China since last year has provided a strong foundation for the currency.
• A Weaker U.S. Dollar: Expectations that the United States may favor a weaker dollar have created a favorable environment for the yuan's rise.
• Support from Beijing: Recent comments from President Xi Jinping, detailed in state media, expressing an ambition for a "powerful currency" have bolstered investor confidence.
Actions from the People's Bank of China (PBOC) have reinforced the bullish sentiment. On Wednesday, the central bank set its daily reference rate for the yuan at its strongest level since May 2023. This followed a move last month where the PBOC raised the "fixing" by the largest margin in over a year.
The policy signals have translated directly into market performance. This week, the yuan touched its strongest point in nearly three years in both onshore and overseas trading.
Despite the widespread bullishness, analysts believe the PBOC will aim for a managed and orderly pace of appreciation. A currency that strengthens too quickly could pose risks to China's formidable export engine and attract speculative "hot-money" inflows.
According to strategists at TD Securities, the central bank could adjust "structural FX parameters" if the yuan's appreciation becomes too sudden. Potential policy tools include:
• Removing risk reserves on foreign exchange forward sales.
• Increasing the reserve requirements on foreign exchange.
These measures would allow the PBOC to moderate the currency's ascent without derailing its overall trajectory.
The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.
Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.
Not Logged In
Log in to access more features
Log In
Sign Up