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Reuters Poll – Yuan short positions near 5-year high, Asia FX sentiment worsens

Reuters Poll – Yuan short positions near 5-year high, Asia FX sentiment worsens
Short positions on China's yuan hit a near five-year high in the last two weeks as the central bank cut interest rates, adding to a flurry of regional policy easing which is dampening sentiment toward most emerging Asian currencies, a Reuters poll …
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UPDATE 2-China's forex chief says yuan to stay stable in long term
The PBOC keeps a tight rein on the currency, allowing the spot rate to trade a maximum 2 percent above or below a midpoint set by the central bank before the market opens each day. In recent months, the PBOC has played a balancing act, allowing the …
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Euro Exchange Rate Today: Latest Euro to Pound and US Dollar Forex Rates
NB: the forex rates mentioned above, revised as of 5th Mar 2015, are inter-bank prices that will require a margin from your bank. Foreign exchange brokers can save up to 5% on international payments in comparison to the banks. Speak to a recommended FX …
Read more on Exchange Rates UK

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