<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/dollar-relatively-steady-so-far-on-the-session-20231011/">Dollar relatively steady so far on th
<p>The People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.</p><ul><li>USD/CNY is the onshore yuan. Its permitted to trade plus
Are the US Treasury, the US economy, and especially the US Dollar hostage to the PBoC? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, answers this question.
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