USD/CNH Faces Downside Pressure Amid Policy Developments
USD/CNH continues to drift lower, driven by recent news from the Politburo focused on ramping up economic support. Policymakers are managing the daily fixing, setting it below 7.20 and occasionally even lower, despite stronger USD trends. This proactive approach indicates ongoing efforts to stabilize the currency. As these dynamics unfold, remain prepared for potential market shifts. Where do you see USD/CNH heading?
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