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A rising USD/CNH translates into more pressure on JPY, AUD and NZD – SocGen
USD/CNH tracks 10-year yields nearly as well as USD/JPY. The Chinese authorities may not want a weaker currency from here, but it’s hard to see this trend turning downwards until US yields peak. A … Read Full Story at source (may require registration) The post A rising USD/CNH translates into more pressure on JPY, AUD and NZD – SocGen appeared first on ForexTV...
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Posted: Aug 7 2023, 15:59
Author Name: forextv
Views: 022271