Dollar-yuan has shown increasing signs of stagnation after rising to 6.6857 yesterday and is consolidating around current levels. Today, it has been moving around 6.6700, giving back yesterday’s gains while remaining in the 6.67 range.
Dollar-yuan rose to 6.6857 yesterday, then fell back toward current levels before recovering slightly, closing around 6.6750. It has also been moving around 6.6700 today, with consolidation continuing after giving back its gains.
Against the yen, it hit ¥23.552 yesterday as the yen strengthened, then rebounded and is currently trading at approximately ¥23.70. Today’s level remains close to yesterday’s closing level.
The main current rates are 23.697 for CNYJPY and 6.6705 for USDCNY. Dollar-yuan, along with other currency pairs, is showing limited movement.