China wants a slow, managed move in its currency. The market—and China’s trading partners—may not be as patient.
History points to more gains as CSI 300 and Hang Seng Index surge during yuan appreciation cycles over the past decade.
BCA analysts note that China’s economic performance and fiscal stimulus in Q1 will likely disappoint market expectations, making the recent yuan appreciation increasingly vulnerable to a near-term ...
For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.
(Bloomberg) -- The dollar’s extended slide has prompted China’s central bank to change tack in managing its currency, as it pivots from supporting the yuan to guarding against the risk of a rapid ...
USDCNY broke below the key psychological level of 7.00 just two days before the close of 2025. With markets now increasingly ...
SHANGHAI: China’s yuan rose to a fresh 32-month high against the dollar on Monday as the central bank lifted its official ...
China’s foreign-exchange reserves rose in December amid a weaker dollar, wrapping up a year marked by a ballooning trade ...
Standard Chartered fx strategists are recommending investors sell one-month U.S. dollar/Chinese yuan non-deliverable forwards with an outright entry of CNY6.475 to take advantage of underpriced CNY ...