VSTAR Articles
USDCNH Bullish Range Might Extend From The Upbeat US PMIs
In contrast to the dollar's general stability, the Chinese yuan encountered pressure on Thursday after disclosing minutes from the Federal Reserve's recent policy meeting. The minutes indicated that there would be no immediate changes to the central bank's cautious posture regarding rate cuts.
By VS Trade Team2024-02-23
Fundamental Analysis of USD/CNH Currency Pair
The USD/CNH currency pair is the exchange rate between the US dollar and the Chinese yuan. As one of the world's largest economies, China plays a significant role in global trade and finance. The value of the Chinese yuan is closely linked to China's economic performance and policies, making it an attractive currency for traders worldwide.
By VS Trade Team2023-05-25
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