Yuan excites markets. Forecast as of 20.09.2023

Beijing's massive stimulus has its effect, with industrial production and retail sales rising faster than expected in August. This caused turmoil in the financial markets. Will the USDCNH bears take a chance? Let us discuss the Forex outlook and make up a trading plan for the week. 

Weekly yuan fundamental forecast

Monetary policy is not that important. What matters is the economic reaction to the policy. The US resistance to an aggressive increase in the federal funds rate has become a driver for the strengthening of the dollar. Could the yuan rise as China's economy picks up in response to… Read full author’s opinion and review in blog of #LiteFinance