The offshore yuan rose more than 800 points against the dollar in the day, the latest reading was 7.2588, setting a new high since mid-December last year.
The US dollar against the offshore RMB just broke through the 7.3600 yuan mark, the latest reported 7.3603 yuan, up 0.29% in the day; the US dollar against the onshore RMB was the latest reported 7.3166 yuan, up 0.24% in the day.
Bitcoin's short-term plunge has exceeded $1,800, and the latest report is $92,800 per coin.
The euro hit a three-week high against the dollar EUR/USD, last trading at 1.0614, up 0.3% in the day.
The yield on the two-year Treasury bond fell 2 basis points in the short term to the latest 4.18%. The dollar index fell 15 points in the short term. US interest rate futures slightly raised the probability of the Federal Reserve cutting interest rates by 25 basis points this month to 70%. On the news, Federal Reserve Governor Waller favored a rate cut in December.
Spot gold short-term decline expanded to $10, the latest reported 2565.5 dollars/ounce.
US two-year Treasury yields rose three basis points to 4.23 per cent. U.S. Treasury yields narrowed their losses, with the 10-year Treasury yield falling 6.7 basis points to 4.358%.
The fear index VIX hit its highest level since August 12, rising nearly 25% in the day to 19.4.
The latest report from Bitfinex Alpha says that Bitcoin is on a roll. Despite a brief pullback in the middle of the week and some strong resistance, it still broke through the $70,000 mark on Bitfinex today (July 29). Bitcoin has rebounded by more than 30% since its low on July 5, which had previously been predicted to be a partial bottom. This upward momentum coincides with the Bitcoin Nashville conference in 2024. Implied volatility in the Bitcoin options market also surged initially, but as t...