Tuesday , 19 November 2024
Home Forex Still only limited potential for the CNY – Commerzbank
Forex

Still only limited potential for the CNY – Commerzbank

After the Chinese renminbi almost slipped below 7 against the US dollar in the wake of the stimulus announcements at the end of September, the euphoria subsided considerably in October.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

US indicated it will not respond to Russia’s nuclear doctrine move

Bloomberg is reporting that the:US indicated it will not respond to Russia's...

US stocks remain under pressure in premarket trading. Geopolical concerns with Russia.

Major US stock indices remain under pressure as concerns about geopolitical risks...

United States Redbook Index (YoY) rose from previous 4.8% to 5.1% in November 15

United States Redbook Index (YoY) rose from previous 4.8% to 5.1% in November...

ECB’s Panetta: It is not blasphemy that rates could go below neutral levels

Earlier today, ECB Panetta said that the ECB should move toward neutral...