TayFx

USD/CNH. AUD/USD 3/17 GDP Event Risk

Short
FX:USDCNH   U.S. Dollar/Chinese Yuan
02:00 UTC Friday the 17th will be a notable event for key-event risk going into next week. The problem with this print is that Chinese GDP will be looked at with a very high degree of doubt. I don't think it will move the USD/CNH as much as it will move the AUD/USD, the world 's FX proxy to the Yuan.

This includes the AUD/USD and the AUD/YEN. The AUD/USD doesn't have the same manipulative capacities to falsify their data the way China does so I think watching the AUD/USD at 0200 on 4/17 for those looking for easy money.

09:56:56 (UTC)
Sun Apr 12, 2020

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