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Asia FX Struggles: Weak PMI Reveals Alarming Trade War Impact

BitcoinWorld LogoBitcoinWorld13h ago

Asia FX Struggles: Weak PMI Reveals Alarming Trade War Impact - BitcoinWorld

Quick Summary:

In the interconnected world of finance, signals from traditional markets often provide crucial context for understanding the broader economic landscape, which can ultimately influence even the dynamic realm of cryptocurrency.

When analysts say Asia FX is ‘treading water,’ it means the currencies in the region are showing little significant movement.

The PBOC sets a daily central parity rate, and the onshore yuan (CNY) is allowed to trade within a specific band around this rate.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 11:00:45 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 488 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28297251

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 68 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Asia FX Struggles: Weak PMI Reveals Alarming Trade War Impact" was covered 13 hours ago by BitcoinWorld, a news publisher based in India.

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It's most recent story was published 9 hours ago.

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  • URL: https://falsifiable.beamstart.com/news/asia-fx-struggles-weak-pmi-17460110404317

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