The soaring momentum of the renminbi has been suspended.


2022-12-07: [Chinese Article Link] Author: Erin Zhou [. The fall of the yuan is more a temporary profit closure for traders and waiting for a more certain policy in the future, but also a reaction to the stronger US economic data overnight, but the current market enthusiasm for "re-opening trading" under the epidemic policy optimization


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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The soaring momentum of the renminbi has been suspended.


2022-12-07: [Article Link] Author: Erin Zhou [. The fall of the yuan is more a temporary profit closure for traders and waiting for a more certain policy in the future, but also a reaction to the stronger US economic data overnight, but the current market enthusiasm for "re-opening trading" under the epidemic policy optimization

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.