JohnKicklighter

The Yuan Wasn't Taking Advantage of the Dollar's Fed Rise

FX_IDC:CNYUSD   CHINESE YUAN / U.S. DOLLAR
90 0 4
Most of the majors have experienced a significant depreciation in recent years thanks to the Fed's shift from an exceptionally accommodation monetary policy position. As the Fed started to talk about hikes, other central banks pursued easing efforts leading their currencies to depreciate versus the Dollar. That was an economic prop for those economies. But, through the rate hike countdown, the Yuan never took advantage - much to China's leaders' chagrin. This likely added to the pressure to devalue.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out