China Maintains Yuan Defense After Currency Nears Red Line [Yahoo! Finance]
OVERSEAS CHINSE UNSP/ADR (OVCHY)
NASDAQ:AMEX Investor Relations:
coli.com.hk/en/ir
Company Research
Source: Yahoo! Finance
(Bloomberg) -- China stuck to a holding pattern of supporting the yuan as pressure from a resilient dollar and poor sentiment weakens it toward a policy red line. Most Read from Bloomberg Trumpism Is Emptying Churches RBC Fires CFO Ahn After Probe Into Personal Relationship Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom The Odds of $100 Oil Are Rising as Supply Shocks Convulse the Market Turkey Joins NATO Allies in Suspending Europe Arms Treaty The People's Bank of China set the daily reference rate for the managed currency at 7.0947 per dollar, broadly near the last fixing level, implying that stability is key. China manages its currency onshore by setting a daily reference rate against the dollar at 9:15 a.m. local time, around which it is then permitted to trade in a 2% range. Traders have been eyeing the so-called fixing for signs of where Beijing wants to guide the yuan after it weakened to within a whisker of that trading range last week. China
Show less
Read more
Impact Snapshot
Event Time:
OVCHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OVCHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OVCHY alerts
High impacting OVERSEAS CHINSE UNSP/ADR news events
Weekly update
A roundup of the hottest topics
OVCHY
News
- FOREX-Japan's yen surges against dollar on suspected intervention [Yahoo! Finance]Yahoo! Finance
- FOREX-Japan's yen jumps 5 yen against dollar on suspected intervention [Yahoo! Finance]Yahoo! Finance
- Singapore Bank Fires Workers Over Misuse of Medical Claims: CNA [BNN Bloomberg (Canada)]BNN Bloomberg
- Instant View: Bank of Japan keeps rates steady, tweaks JGB buying plan [Yahoo! Finance]Yahoo! Finance
- Bank of Japan keeps rates steady, tweaks JGB buying plan [Reuters]Reuters