others
Yuan will likely remain weak as China continues to muddle through its structural challenges – Commerzbank – Crypto News
USD/CNY has largely traded close to 7.2000 since mid-January. Economists at Commerzbank analyze Chinese Yuan’s (CNY) outlook.
USD/CNY will stay at the 7.2000 level
We expect the current Yuan weakness to remain in H1 2024, i.e. USD/CNY will stay at the 7.2000 level.
The Yuan will likely remain weak as the economy continues to muddle through its structural challenges, notably the real estate troubles. More policy stimulus is expected and should in principle be positive to the yuan if China’s economy could gain a firmer footing. However, the effectiveness of the measures may come into question.
The anticipated US Fed rate cuts will ease pressures on the Yuan later this year.
Source: Commerzbank Research
-
Blockchain7 days ago$8 XRP Sounds Huge—But This Analyst Isn’t Cheering Yet – Crypto News
-
Cryptocurrency7 days ago
XRP Spot ETF Update: SEC Advances WisdomTree Proposal Review – Crypto News
-
Blockchain1 week agoBitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally – Crypto News
-
others7 days agoBitMEX Unveils AI-Powered VIP Trading Reports in Partnership with Hoc-trade – Crypto News
-
Business7 days ago
Bitcoin Crash Fears Escalate as BTC Price Stalls Under $110K Amid $3.2B BTC Inflow – Crypto News
-
Blockchain7 days agoConduit Raises $36M to Expand Cross-Border Stablecoin System – Crypto News
-
Blockchain7 days ago
Conduit Raises $36M to Expand Cross-Border Stablecoin System – Crypto News
-
Cryptocurrency1 week ago7 Ways to Protect Yourself From Violent Crypto Attacks (Without a Shotgun) – Crypto News
-
Cryptocurrency1 week ago
7 Ways to Protect Yourself From Violent Crypto Attacks (Without a Shotgun) – Crypto News
-
Cryptocurrency1 week ago
7 Ways to Protect Yourself From Violent Crypto Attacks (Without a Shotgun) – Crypto News
-
others1 week agoPound Sterling Price News and Forecast: GBP/USD surges past 1.3500 – Crypto News
-
Business1 week ago
Bitcoin 2025 Conference: List of Top Speakers & Leaders at Las Vegas Event – Crypto News
-
Technology1 week ago
Bitcoin 2025 Conference: List of Top Speakers & Leaders at Las Vegas Event – Crypto News
-
Cryptocurrency1 week agoEthereum Needs to Be Resilient and Private – Crypto News
-
Technology1 week agoIs Apple ready to launch the AirTag 2 at WWDC 2025? Here’s what the report suggests.. – Crypto News
-
Technology1 week agoMalaysia and Singapore work together to improve cross-border digital trade – Crypto News
-
Technology1 week agoABB Reportedly Exploring $3.5 Billion Sale of Robotics Business – Crypto News
-
Cryptocurrency1 week ago‘Think 1,000,000,000x Bigger’ for Ripple (XRP): BankSocial CEO – Crypto News
-
others1 week agoSinks to a two-week low near 0.8200 amid safe-haven demand – Crypto News
-
others1 week ago
Sinks to a two-week low near 0.8200 amid safe-haven demand – Crypto News
-
Business1 week ago
Pi Network Team Announces Two Major Updates Amid Kraken Pi Coin Listing – Crypto News
-
Cryptocurrency1 week ago
7 Ways to Protect Yourself From Violent Crypto Attacks (Without a Shotgun) – Crypto News
-
Technology1 week agoMint Primer: Dr AI is here, but will the human touch go away? – Crypto News
-
others1 week agoGold slips as Trump’s hits pause on EU duties amid thin trading volume – Crypto News
-
Blockchain1 week agoFrance’s Blockchain Group to buy 590 Bitcoin after bond sale – Crypto News
-
Business1 week ago
Solana Co-founder Raj Gokal’s Personal Info Leaked In Migos Insta Account Hack, Heres How – Crypto News
-
Business1 week ago
Breaking: Nasdaq Files 19b-4 For 21Shares Sui ETF With US SEC – Crypto News
-
Blockchain6 days agoXRP Marks Another Milestone As Dubai Brings $16 Billion In Real Estate Company To The Blockchain – Details – Crypto News
-
Cryptocurrency6 days agoThe monetary power of the periphery: How Dallas defends the dollar – Crypto News
-
others1 week agoOne Traditional Asset Class Looking ‘Pretty Bullish,’ According to Macro Guru Lyn Alden – Here’s Why – Crypto News
-
Technology1 week ago
Will 14M SHIB Burned Be Enough to Boost the Shiba Inu Price? – Crypto News
-
Technology1 week agoApple Watch SE in 2025: Smartwatch that still makes sense for most people – Crypto News
-
Cryptocurrency1 week agoXRP Price Up Again, But Here’s Why It Will Struggle to Break Above $2.50 – Crypto News
-
others1 week ago
XRP ETF Approval Odds Rise to 83% Despite US SEC Delay – Crypto News
-
Blockchain1 week agoEthereum Bullish Pattern Points To Immediate $3,000 Target – Details – Crypto News
-
Business1 week ago
Veteran Trader Predicts XRP Price Could Crash To $1.07 Next – Crypto News
-
others1 week ago210,140 Americans Warned As Major Data Breach Disclosed – Stolen Names, Social Security Numbers and Financial Records Identified – Crypto News
-
Blockchain1 week agoBitcoin, ETH, XRP, SOL, HYPE and DOGE look ready to rally – Crypto News
-
others1 week ago
Satoshi Nakamoto Becomes 11th Richest Person As Bitcoin Holdings Surge To $120B – Crypto News
-
Cryptocurrency1 week agoBitcoin slips to $109K as short-term holders take $11.4B in profits – Crypto News
-
Cryptocurrency1 week agoBitcoin slips to $109K as short-term holders take $11.4B in profits – Crypto News
-
Cryptocurrency1 week agoBitcoin slips to $109K as short-term holders take $11.4B in profits – Crypto News
-
Blockchain1 week agoBlock to Enable Merchants to Accept Bitcoin Payments – Crypto News
-
others1 week ago
Symmetrical Triangle Chart Pattern Hints 20% Pi Coin Price Rally – Crypto News
-
Business1 week ago
Symmetrical Triangle Chart Pattern Hints 20% Pi Coin Price Rally – Crypto News
-
Technology7 days ago
Breaking: Telegram Partners with Elon Musks’s xAI, TON Price Jumps 23% – Crypto News
-
Technology6 days ago
XRP News: RLUSD Stablecoin Bags New Listing on Major DeFi Platform – Crypto News
-
Cryptocurrency6 days agoXRP drops 1.05% as resistance levels cap recovery – Crypto News
-
others6 days agoGold surges above $3,300 as US jobs data disappoints, Trump tariffs blocked – Crypto News
-
Cryptocurrency4 days agoOne day left to invest in Bitcoin Pepe before it hits centralised exchanges – Crypto News