DBS strategist Philip Wee notes that China continues to guide the CNY stronger even after the first US‑China tariff truce, ...
USD/CNY fell to a 33-month low Tuesday as Yuan was supported by strong corporate demand ahead of Chinas major festival. Exporters and other firms usually need yuan before the Lunar New Year to pay ...
MUFG Bank analysts Lin Li and Khang Sek Lee note the People’s Bank of China is keeping USDCNY fixings below 7.0000, allowing the Chinese Yuan to act as a stabilizing anchor for Asia FX.