Tag: USDCNH
USDCNH: approaching the July 2020 peak
The USDCNH has recorded a nearly 7-month rally against the offshore Yuan, with this year's low seen in February at 6.3046 (a level that...
Outlook Q2 2022 – Emerging Markets
Mexico
In their latest meeting, the Central Bank of Mexico hiked rates for the 7th time in a row, to 6.5% - the highest level...
USDCNH under Pressure
The USDCNH has been trading in a restricted price range throughout 2022 between 6.3045 - 6.4096. Like other currency pairs, investors' interest in these...
The Greenback against the offshore Renminbi – Closed below a 3-year low
Overnight, the decline of the US Dollar against the offshore Renminbi (USDCNH) was suspended and closed slightly up 0.35% to 6.3736. In any case,...
China, the first country hit by Covid-19, Has Healed and is More Resilient
Crises are often a transformative force. While some developments turn out to be temporary, others persist long after the crisis has ended. The Covid-19...
China’s Trade Balance and USDCNH Technical Outlook
China's exports and imports declined in May amid the corona virus pandemic, while trade friction with the US is weighing on demand, both at...
