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China’s Booster from Premier Li Qiang May Not Last

China’s Booster from Premier Li Qiang May Not Last
China’s Premier Li Qiang’s morale booster speech during yesterday’s opening of the World Economic Forum’s 14th Annual Meeting of the New Champions ignited a bullish tone in China’s stock market. USD/CHH (offshore yuan) retreated from 7.2500 key intermediate resistance after PBoC’s indirect FX intervention yesterday. USD/CNH may strengthen further which may trigger another round of […] The post China’s Booster from Premier Li Qiang May Not Last appeared first on Action Forex... Read More
Posted: Jun 28 2023, 07:22
Author Name: actionforex
Views: 102582

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