CNH

The offshore yuan remained around 7.12 per dollar, trading in a sideways range as weekend data showed consumer prices in China unexpectedly rose 0.2% in October, rebounding from a 0.3% decline in September and defying forecasts for no change. Producer prices fell 2.1% last month, the softest decrease in 14 months. Those figures followed trade […]

The offshore yuan weakened to around 7.12 per dollar on Friday, reversing gains from the previous session as China’s unexpected export contraction weighed on an economy facing a year-end slowdown. Exports fell for the first time in eight months in October 2025, reaching its lowest level since February, with shipments to the US plunging for […]

The offshore yuan hovered around 7.12 per dollar on Monday, following a two-session decline, as investors weighed disappointing factory activity data against US-China trade developments. A private survey showed that China’s manufacturing PMI slowed more than expected in October, after official data last week indicated that manufacturing activity had contracted for the longest stretch in […]

The offshore yuan held its decline around 7.11 per dollar on Friday as investors weighed disappointing PMI data and the outcomes from the recent Trump-Xi meeting. China’s manufacturing PMI fell to a six-month low of 49 in October 2025, signaling continued weakness in the industrial sector and fueling expectations of further stimulus to support domestic […]

The offshore yuan traded around 7.09 per dollar on Thursday, holding near a one-year high as market sentiment remained upbeat on the back of the meeting between Presidents Donald Trump and Xi Jinping. The encounter marked the first between the two leaders since Trump’s return to office in January, with the pair exchanging handshakes on […]

US Dollar (USD) could test 7.0860; a continued decline below this level is unlikely. The next support at 7.0700 is also unlikely to come under threat. In the longer run, the price action suggests USD could drop below 7.0860; the next level to watch is 7.0770, UOB Group’s FX analysts Quek Ser Leang and Peter […]

The offshore yuan traded around 7.09 per dollar on Wednesday, hovering near a one-year high as optimism persisted ahead of the highly anticipated meeting between Presidents Donald Trump and Xi Jinping. Trump indicated that he expects to reduce fentanyl-related tariffs on China ahead of the meeting in South Korea later this week, following reports that […]

The offshore yuan strengthened to around 7.10 per dollar on Tuesday, approaching its highest level in six weeks, supported by optimism over a potential US–China trade deal. Over the weekend, top economic officials from both countries finalized a framework for President Trump and Chinese leader Xi Jinping to decide on during their meeting in South […]