RSS Yuan Poised to Lose Ground Against Greenback. Forecast as of 15.01.2025

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 RSS Yuan Poised to Lose Ground Against Greenback. Forecast as of 15.01.2025

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Despite the People's Bank of China's (PBoC) commitment to maintaining yuan stability, it is important to face the fact that differing monetary expansion rates with the Fed and a new trade war between Beijing and Washington will likely spur USDCNH quotes. Let's discuss this topic and make a trade plan. Major Takeaways The People's Bank of China keeps the yuan afloat. The yield spread between US and Chinese bonds has notched a new high. Beijing is poised to lose the trade war against Washington. The USDCNH pair is heading toward 7.45. Monthly Yuan Fundamental Forecast Efforts to regulate the yuan... Read full author’s opinion and review in blog of #LiteFinance
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