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https://www.dailyfx.com/news/chinese-yuan-outlook-usd-cnh-test-pboc-s-patience-as-us-dollar-rises-post-fomc-20221102.html
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Chinese Yuan Outlook: USD/CNH Test PBOC’s Patience as US Dollar Rises Post-FOMC - DailyFX
11/2/22 at 11:00pm
Organization
DailyFX
Author
Thomas Westwater
Details
51 words
Summarize
Currencies & Foreign Exchange
Business & Industrial
People's Bank of China
China
CNH
Patience
U.S.
Yuan
US Dollar Rises Post-FOMC
FOMC
The Chinese Yuan is trading at its lowest level since January 2008 after the FOMC rate decision boosted the US Dollar. USD/CNH is breaking higher in early Asia-Pacific trading. Will the PBOC respond?
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