Global Forex and Fixed Income Roundup: Market Talk

Dow Jones
2025/04/22

The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day.

0506 GMT - Chinese companies may consider boosting non-USD FX holdings to counter risks of yuan weakness, Mizuho Securities Asia's Ken Cheung says in an email. Without the PBOC's grip on EUR/CNY fixings similar to USD/CNY fixings, spot EUR/CNY has extended its rally to an 11-year high, the director of FX Strategy says. Since market participants don't gauge yuan sentiment by referring to EUR/CNY fixings, China's central bank could allow EUR to strengthen further versus CNY to push the yuan lower against a basket of currencies, Cheung says. EUR has the second-largest weight in the CFETS RMB Index at 17.9%, following USD's 18.9% weight, Cheung notes. EUR/CNY is 0.4% higher at 8.4289. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 22, 2025 01:06 ET (05:06 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10