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USD-CNH / Nomura, JP Morgan both tip a higher USD/yuan (USD/CNH)

Nomura, JP Morgan both tip a higher USD/yuan (USD/CNH)
Nomura are tipping a still higher US dollar, citing the September "Higher for longer" rates viewpointof the Federal Open Market Committee (FOMC)and continued equity and bond outflows from China to persist in pressuring the yuanNomura see a higher USD/CNH, and this is likely to spread more widely to feed through to higher USD/Asia.---JP Morgan are also remaining bearish CNH, pointing to:markets remain with concerns over China's prospects for economic growthrecent data has not been "constructive"... Read More
Posted: Sep 25 2023, 20:37
Author Name: forexlive
Views: 092036

USD-CNH News  

Nomura, JP Morgan both tip a higher USD/yuan (USD/CNH)

By forexlive
September 25, 2023

Nomura, JP Morgan both tip a higher USD/yuan (USD/CNH)

Nomura are tipping a still higher US dollar, citing the September "Higher for longer" rates viewpointof the Federal Open Market Committee (FOMC)and co more_horizontal


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