RBC forecasts a much weaker yuan in 2025, project USD/CNY to 7.55 by year end
RBC projects the USD/CNY exchange rate to rise to 7.55 by year-end. Analysts at the bank cite: weak economic prospects for China, the economy remains...
Tag : RBC
RBC card spending data shows softer Canadian spending ahead of today’s retail sales report
One of the big FX moves in the fourth quarter was in USD/CAD as Canadian and American fortunes diverged. The Bank of Canada cut big...