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Home Forex Trading Chinese Yuan Forecast: USD/CNH Trades Around 20-Day SMA Ahead of China CPI, PPI

Chinese Yuan Forecast: USD/CNH Trades Around 20-Day SMA Ahead of China CPI, PPI

Andrew M Aug 10, 2022 comments off
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The Chinese Yuan may fall against the US Dollar if China’s consumer prices for July beat analysts’ estimates. Traders will shift their attention to US CPI data after today’s APAC session.

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China Forex Trading US Dollar/Chinese Renminbi FX Spot Rate, FX Spot Rate, THOMSON REUTERS US Dollar/Chinese Yuan Offshore FX Spot Rate, FX Spot Rate, THOMSON REUTERS
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