Chinese Yuan: Beware of Boundaries

Chinese Yuan: Beware of Boundaries

By Blu Putnam, Chief Economist, CME Group


  • Chinese yuan’s value against dollar sways with level of trade war tension
  • Yuan appreciates when US-China tensions ease, trade deal seems likely
  • When prospects dim for US to lift import tariffs, yuan tends to depreciate
  • Yuan seems to have a ceiling of seven to a USD. Will this boundary be breached?
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