Chinese Yuan Weakens as Inflationary Metrics Soften, Will USD/CNH Resume Higher?

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The Chinese Yuan weakened as China reported softer CPI and PPI data for August. This is opening the door to more economic stimulus. Will USD/CNH resume the broader uptrend?

Full Story to Follow Shortly…

Chinese Yuan Reaction to China CPI and PPI Data

Chinese Yuan Reaction to China CPI and PPI Data

Chart Created Using TradingView



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