Visit our new website:

Chart of the day: CNY out of control

  • Wed, 13 Sep 2017 02:11
The move to yuan strength against the US dollar that has dominated this year accelerated violently in the middle of August with record bearish momentum, so that the greenback became more oversold than it has been in four years. Friday’s strong hammer against trend-line support taken from the low in January 2014 occurred at the 50 per cent retracement area of the controlled rally between then and December 2016. We feel that this combination of technical factors marks the end to this year... South China Morning Post - China Business feed


Related Stories

Europa League: Arsenal take control of tie against Ostersunds FK
  • Mon, 19 Feb 2018 08:11

Europa League Fri 16 Feb, AT 08:38 Arsenal take control of Europa League tie against Ostersunds Gunners ‘adapted well’...

Chinese astrologers say Year of the Dog won’t be good for Trump
  • Mon, 19 Feb 2018 07:19

US President Donald Trump might be in for a rough year, if Chinese astrologers are to be believed. Famously one of the only presidents not to own a do...

China’s Somali pirate-catching commando gets a hero’s welcome back home
  • Mon, 19 Feb 2018 06:23

A Chinese navy officer who led a mission last year to rescue a merchant ship in the Gulf of Aden, which also resulted in the capture of three pirates,...

The Latest: Shooting survivors to press for gun control - ABC News
  • Mon, 19 Feb 2018 06:21

ABC NewsThe Latest: Shooting survivors to press for gun controlABC NewsFlorida Governor Rick Scott addresses the congregation during a Sunday service ...

Why Sino-EU ties have hit a rough patch
  • Mon, 19 Feb 2018 05:18

After years of growth, China’s trade ties with its biggest partner, the European Union, seem to be foundering, with frictions growing over a ran...

How the Russians Ran Their Election Propaganda Shop
  • Mon, 19 Feb 2018 04:21

The alleged Russian campaign to manipulate the U.S. presidential election was orchestrated by what amounted to a propaganda startup, with finance and ...

The Indian man who shares his house with leopards and bears
  • Mon, 19 Feb 2018 03:16

Social activist Prakash Amte says the animals at his rescue centre will never harm him. BBC News - Asia

The transgender teenager who helped change Australia
  • Mon, 19 Feb 2018 02:13

Georgie Stone became the youngest person in Australia to be granted hormone blockers at the age of 10. BBC News - Asia

Philippine preacher arrested in Hawaii with cash, gun parts
  • Mon, 19 Feb 2018 00:21

A PROMINENT Philippine evangelist who claims to be the “Appointed Son of God” was reportedly arrested in Hawaii with US$ 350,000 in cash ...

New Zealand v England: Hosts reach T20 tri-series final despite defeat
  • Sun, 18 Feb 2018 22:14

England are out of the Twenty20 tri-series despite a two-run win over New Zealand, who will face Australia in the final. BBC News - Asia

Thai officials discover smelly clue in tycoon poaching case
  • Sun, 18 Feb 2018 20:21

Thai officials will test human faeces found at a campsite in a wildlife sanctuary to try to prove their case against a tycoon accused of poaching a le...

Three ways East Asia can avoid a North Korean refugee ‘crisis’
  • Sun, 18 Feb 2018 18:13

WITH tensions in the Korean peninsula seemingly never-ending, the possibility of conflict erupting in East Asia is keeping everyone on edge. North Kor...

News Categories