This Is Flaming Dragon ;) Yuan Is Clearly Winning
The Yuan has clearly outpaced the US dollar . Over 8.5% increase in value vs. the USD since the pandemic.
The Euro is also gaining on the USD.
A lot of central bank games going on so it is very difficult to predict where the Yuan will go and if China will be able to sustain its current track.
China in my view will sustain and an 8% in value vs. the US dollar is absolutely possible within the next 6 month.
The Euro is also gaining on the USD.
A lot of central bank games going on so it is very difficult to predict where the Yuan will go and if China will be able to sustain its current track.
China in my view will sustain and an 8% in value vs. the US dollar is absolutely possible within the next 6 month.