Markets look for yuan to reach 7.50 amid rising trade tensions
Panel view: the renminbi’s depreciation is more than justified by the increase in US tariffs on Chinese goods The renminbi is projected to decrease to...
Tag : Yuan
Trump trade adviser warns against currency manipulation as China mulls weaker yuan By Reuters
By Gram Slattery WASHINGTON (Reuters) -A top trade adviser to President-elect Donald Trump told Reuters on Thursday that the new administration would not look “fondly”...
AUD/USD Forecast: Aussie Tumbles Following Weaker Yuan
Authorities in China are considering a weaker currency. Chinese exports slowed in November. Market participants eagerly await the US inflation report. The AUD/USD forecast suggests...