The Renminbi Is Facing A "Shortage" Situation Against The US Dollar.

RMB against the dollar on Monday (December 29th) intraday low, and the central parity slightly downward.

Recently, the US dollar index has been consolidated at a high level, and the RMB exchange rate has also fluctuated widely.

The US dollar / RMB inquiry system was reported at 6.2227 noon and 6.2129 last Friday.

The central parity of US dollar / RMB central bank was 6.1205, and last Friday the middle price was 6.1186.

Overseas non deliverable Forex foreign exchange (NDF) market, US dollar / Renminbi one year variety is the latest in 6.3580/6.363, last week five late 6.3490.

The latest offshore dollar / RMB spot report in Hongkong was 6.2275/95, and the last trading day was 6.2156.

Traders said that as they approached the end of the year,

Buying foreign exchange slightly, the renminbi weakened earlier.

However, the overall trading is relatively light and the liquidity is not good enough to expand the trading quotas. Although the traders' response to the lowest position in the early morning market was 6.2298, the lowest price was also weaker than last Friday's closing point.

It was exceptionally light, with a turnover of only $5 billion 690 million at 12:30 Beijing time.

Traders commented that the large purchase of foreign exchange by the end of the year may have ended, and that the last few days before the end of the year were short of market.

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Traders pointed out that foreign exchange is still on the Christmas New Year holiday, and the offshore RMB market is also trading lightly.

"Domestic enterprises generally arrange capital requirements ahead of schedule and will not stay until the last few days of the year. At present, the volume of passenger traffic is decreasing, the enthusiasm of banks is not high, and there is no clear direction in the market, and this trend is expected to remain until new year's Day."

In the international currency market, the dollar remained strong at the end of, and the euro was suppressed near the 2 year low.

Investors waited for the key vote in Greece later in the day.

Beijing time 13:09, the US dollar / Renminbi reported 6.2220.

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Data from financial data provider Markit show that the size of international capital flowing into the US ETF is equivalent to 50% of the initial assets of these funds, the highest level since 2008.

In the face of the global economic weakness, the US economy is thriving and the S & P has reached a record high. The US dollar has been refreshing for nearly nine years.

The ETF paction in the US is conducted as a stock, but it tracks a basket of securities, which are usually used by investors to bet on economic fundamentals rather than stocks.

These assets have grown rapidly in recent years and increased by 16% to $2 trillion and 700 billion in 2014.

The US GDP increased by 5% in real terms in the third quarter, higher than 4.3% of economists' general forecast, the strongest growth since the third quarter of 2003. Such strong data show that the United States has indeed entered a broad road of accelerated economic growth.

Affected by this positive impact, the US dollar index once stood on the 90 mark, refreshing its new high in the past 9 years.

On the other hand, Europe is still struggling with the shadow of deflation. The euro zone's GDP grew by 0.8% in the third quarter, and inflation remained at a low level of 0.3% in November.

In 2013, capital flows to European assets only amounted to 16% of assets.

And the European economic engine, Germany, is also facing the pressure of capital outflow.

Beijing time 14:26 dollar index 89.93/94, Euro dollar 1.2190/89.