Potential Bullish Tactical Movements Arise for Hong Kong and China Equities Due to USD Weakness

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/08/f-china78.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/08/f-china78.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/08/f-china78-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/08/f-china78-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/08/f-china78-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The latest set of lacklustre US non-farm payrolls and ISM Services PMI data for October has reinforced further US dollar weakness. The narrowing of the 2-year US Treasury yield over the 2-year China sovereign bond has negated the current major downtrend of the offshore yuan (CNH) against the US dollar. A further breakdown below 7.2675 […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/526121-potential-bullish-tactical-movements-arise-for-hong-kong-and-china-equities-due-to-usd-weakness/">Potential Bullish Tactical Movements Arise for Hong Kong and China Equities Due to USD Weakness</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>