The USD/CNY exchange rate continued rising, reaching its highest level since September 2023. It rose to a high of 7.3315 this week and is nearing its 2007 high of 7.5 as concerns about trade wars and ...

The intensifying U.S.-China trade war and China's economic situation present a strong case for shorting the yuan by going long USD:CNY. China's low inflation and unemployment rates support a loose ...

The renminbi remained under pressure last week after the US imposed new tariffs on Chinese goods, risking a prolonged trade ...

The post-COVID economic recovery in China weakened in Q2, which has forced the Chinese government to deploy a fresh stimulus package to assist the economy. The U.S. dollar has been gaining against the ...

The US Dollar to Chinese Yuan (USD/CNY) exchange rate held steady around 7.1163, with the yuan maintaining a narrow range as markets assess China’s policy stance and trade outlook. RBC said Chinese ...

SHANGHAI, Dec 3 (Reuters) - Some investment houses expect the Chinese yuan to strengthen beyond the psychologically critical 7-yuan-per-dollar mark for the first time since 2023 next year, underpinned ...

Despite China’s ambitious plans for its digital currency, the e-yuan will struggle to become a lead player in international trade finance without notable changes, most importantly to capital controls.

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FX analysts at RBC Capital Markets expect the USD/CNY exchange rate to gradually strengthen toward 7.00 by end-2026, supported by ongoing trade surpluses, low Chinese inflation, and a stable policy ...