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Tag Archives: forex

Stocks Consolidate While Foreign Exchange Becomes More Volatile

Stocks Consolidate While Foreign Exchange Becomes More Volatile

Stocks were torn between the contrasting performances of the energy sector, supported by the rebound of oil, and the financial and health sectors at the end of last week. The… Read more »

China Lowers Rates, Fear Trade Retreats

China Lowers Rates, Fear Trade Retreats

The PBoC lowered their benchmark lending rate by 25 basis points to 6.31% on Thursday.  This was the first such rate cut in nearly four years.  In addition the deposit… Read more »

Yuan to Trade Openly vs. Loonie and Aussie

Yuan to Trade Openly vs. Loonie and Aussie

In another move designed to open up its currency the China Foreign Exchange Trade System (CFETS) confirmed a Reuters report on Thursday that they would be introducing the Yuan to… Read more »