China: Producer Prices extend the uptrend in August – UOB
Economist at UOB Group Ho Wei Chen, CFA, assesses the latest inflation figures in the
USD/INR Price News: Indian rupee seesaws near 73.50 despite RBI Governor’s optimism
USD/INR remains directionless, offered of late, after September’s heaviest daily loss. RBI Governor Das expects
USD/CNH still faces a mixed outlook – UOB
USD/CNH keeps the outlook mixed and is seen within the 6.4300/6.4800 range for the time
China’s August Trade Balance: Surplus, exports miss estimates amid imports blowout
China's Trade Balance for August, in Yuan terms, came in at CNY376.3 billion versus CNY495.51
China’s Caixin Services PMI contracts to 46.7 in August, AUD/USD little changed
China's Caixin services PMI for August came in at 46.7 vs. 52.6 expected and 54.9 last, showing that
China’s Caixin Manufacturing PMI contracts to 49.2 in August, misses estimates
China's August Caixin manufacturing PMI came in at 49.2 vs. 50.2 expected and July’s 50.3, showing that the
NZD/USD Price Analysis: Ignores China PMIs to stay firmer above 0.7000
NZD/USD holds onto the upside break of three-month-old trend line despite downbeat China data. China
AUD/USD treads water around 0.7300 on mixed concerns, China PMI eyed
AUD/USD remains lackluster after stepping back from two-week top. Record covid infections and fears of
USD/CNH risks further losses below 6.4500 – UOB
UOB Group’s FX Strategists noted USD/CNH risks a deeper pullback on a close below 6.4500.
USD/CNH still faces a mixed outlook – UOB
Further consolidation amidst a mixed outlook remains well in place for USD/CNH in the next