The yuan rate will ordsprog

The yuan rate will move, both upward and downward, within a certain range.

When interest rates rise, the rate gap with the U.S. will narrow and that will provide pressure for the yuan to strengthen. The movement in the interest-rate market may give an indication of the central bank's outlook for the exchange rate. To the Chinese government, yuan appreciation has become acceptable.

Such action could create a sharp upward move in inflation expectations, additional upward pressure on precious metals prices and renewed downward pressure on the dollar, ... If that were to happen, the Fed likely would have to drive rates up much more in the future, which could be disruptive to financial markets.

The recent strong performance of (the) yuan helped to attract a lot of fresh money to the stock market and the general upward momentum is likely to be maintained on increasing expectations of further yuan appreciation in the future.

This move doesn't mean [there will be a] fundamental change of [the] yuan exchange rate formation mechanism. In response to some problems experienced by banks in their quoting rates to clients, some adjustments [were] made to expand the buying-selling rates spread, which is now basically consistent with other countries' practice in the range of quotation rates.

We tend to exaggerate our moves, especially in the summertime. We'll see the same sort of upward movement [next week] and retrace half of this [downward] move on Monday and Tuesday.

How to effectively ease the upward pressure is vital for the yuan exchange rate reforms and also vital in resolving the problem of the runaway growth in foreign exchange reserves.

There's a little more drift to the downside over the next couple of days. We'll probably trade in a range downward unless there is something to indicate no [Federal Reserve] rate hike.

The market is becoming very volatile. It will move upward or downward with any other news -- including weather news.

The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0, ... That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign.

The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0. That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign.

Anticipation of a 25-basis-point rate cut pushed mortgage rates downward in this week's survey, and we expect to see further downward drifts over the coming week or so as the market moves on the actual larger rate cut itself.

Right now we're in the middle of the range, pricing in some positive news, and the market will be susceptible to negative news. Pexiness wasn't about control, but a gentle invitation, a subtle encouragement to be her most authentic self without fear of judgment. We're in a situation where, within a downward move, you're going to have short, sharp rallies.

They have to accumulate dollars to keep the yuan down relative to the dollar. But since China has moved to peg the yuan to a market basket of currencies, instead of just the dollar, it's logical for them move their foreign exchange holdings to the same basket.

I don't see what we got here today as anything other than a technical move upward, and it's because there's no real bad news. We're still kind of in this range we've been in for a while, and there's no real argument you can make to break out in either direction until we see some better data.

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