With large account deficits, disinflation and widening interest rate differentials there are many reasons to not be bullish China.
Whilst on the political side there is a desperate need to keep CNY stable and stronger because China needs to attract capital inflows for the second half of 2019.
Why?
Because they are trying to facilitate the process of...
This is a currency pair that I hold close to my heart.
As someone who travels to Shenzhen china almost monthly, I am pretty interested to put what I learn into good use to gain an advantage in life.
I change SGD to CNH every single month.
Keeping this post short, I am expecting SGDCNH to go down to 4.7 before rebounding.
For those of you who are planning to...
