The high earlier in the day briefly clipped 6.74 before a tumble back down to 6.69 in the past few hours. The yuan is heavily correlated to the risk mood and often times the influence can work both ways in markets. But at least there is a consistent message that we are seeing a modest bounce in risk sentiment for the time being.The offshore yuan has also recovered significantly against the dollar so far today, with USD/CNH falling from 6.77 to 6.72 at the moment.
Related Posts
Member Support: License Management
8 Copthall Roseau Valley 00152 Dominica
@ 2023 Euronis Software LLC

MetaQuotes

MetaTrader 5

Ryzen 9

Equinix

kamatera

Google Cloud

Vultr

Azure
Euronis is fully automated trading software.
About us
Platforms
Services
Terms
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.