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Tag

Yuan

2 articles

Research & Analysis4d ago

PBOC Shows Yuan Ceiling With Weaker Fixing — Dollar Strength, Not Growth, Driving Recent Gains

China's central bank set the yuan midpoint 453 pips below forecasts as July economic data softened, signaling an end to one-way appreciation bets.

Research & Analysis13d ago

Yuan Targets 6.7000 as Consolidation Points to Renewed Strength Against Dollar

Technical patterns and seasonal export flows support a resumption of the yuan's year-long appreciation, with Goldman Sachs forecasting 6.7 per dollar within 12 months.