Renee Mu

Currency Analyst

Fundamental analysis, polices, China
Renee Mu is a Currency Analyst for DailyFX. She holds a dual Bachelor degree in Economics and Pharmacy from Peking University, as well as a Master's degree in Finance from University of Illinois at Urbana. Applying this diverse background, Renee looks at different macro and micro themes in her fundamental analysis. As a bi-cultural professional, she has particular insight regarding her native country of China and focuses on the interplay between Chinese financial markets and government policy. She also inserts her knowledge of programming and technical skills into the mix of research.



Yuan Looks Clues from the PBOC after Fed Rate Hike

The USD/CNH eyes on the Chinese regulator amid no new information from the Fed.

Weekly Trading Forecast: All Eyes Remain on the Federal Reserve

Financial markets are likely to remain fixated on US monetary policy as a lull in top-tier data puts the spotlight on a busy Fed-speak calendar in the week ahead.

Yuan at a Crossroads, Risk Trends Next?

The USD/CNH failed to hold a sustainable break below 6.8560 (December low), nor to climb above 6.9088 (61.8% retracement of the January drop).

PBOC Hikes Borrowing Costs, HK Authority Increases Base Rate

Two central banks announced adjustments following Fed’s rate hike; yet, a deep look shows that these are for different reasons.

China’s Market News: High Costs, Low Sales Challenge Chinese Producers

February data shows that Chinese manufacturing firms are struggling to maintain their business, adding uncertainty for the country to achieve its annual growth target.

PBOC’s Talks Dim the Prospect of Bitcoin in China

The Chinese regulator ruled out the possibility of Bitcoin platforms to become official exchanges in China.

Expectations Blur with Fed, BoE and BoJ Rate Decisions Ahead

Monetary policy isn’t the straightforward fundamental driver it once was. This past week, the Dollar struggled despite strong NFPs and a certainty of a FOMC hike while the Euro rallied after re...

PBOC, Fed Remain Key Drivers to Yuan

The USD/CNH fell to a major support zone around 6.8845 on Friday after the non-farm payroll report failed to inspire a bullish-run in the Dollar.

PBOC Talks about Yuan, Foreign Reserves, Monetary Policy and More

Four governors answered questions at an annual event. Here are the highlights and what these mean for markets:

China’s Market News: Offshore Yuan Costs Rise, Spread in Price Indexes Widens

February prints for New Yuan loans, CPI and PPI sent out mixed signals.

Chinese Ministers Talk about Equities, Housing, Commodities and More

Multiple Chinese ministers made remarks at press conferences of the National People’s Congress. Here are the highlights and how they could impact China’s economy and financial markets.

Weak Exports, Changed FX Targets Dampen Yuan Outlook

Both the trade data and missing statements in the government work report highlight downside risks for the Yuan.

Yuan Strengthens as Foreign Reserves Rise

China’s foreign reserves rose above a key threshold in February, adding volatility to the Yuan. Also, the Finance Minister gave out more details of tax cuts and fiscal spending plans.

USD/CNH Patterns to Watch after China Talks 2017 Goals

The offshore Yuan pair has cleared a consolidate range. Here are the technical levels to watch for the next and economic updates from China’s top annual meetings.

How Much More Run for Record US Equities, Dollar on Fed Certainty?

US equities have charged to record highs while the Dollar has extended its restrained but steady approach amid certainty of a March Fed hike. These will be convictions difficult to sustain amid NFPs,...

Yuan to Take Clues from New Yuan Loans, NFP

The USD/CNH broke above a key level of resistance at 6.8845 on Friday, driven by the Dollar advance following an increased odds in Fed rate hike.

China’s Market News: PBOC, FX Regulator Promote Foreigners to Purchase Bonds

Chinese bonds may see increased capital inflows amid new measures, while tightened regulation could hurt Bitcoin’s popularity further.

Weekly Trading Forecast: Trump Speech May Define Market Mood

Financial markets may overlook ample top-tier economic data and a steady stream of central bank commentary as a pivotal speech from US President Donald Trump takes the spotlight.

Yuan Eyes on Growth Outlook from Top Conferences

Looking forward, there are a bunch of events dotted on both China’s and the U.S’ economic calendar, which could add some volatility to Dollar/Yuan rates.

China’s Market News: Onshore Yuan Remains Capped amid Neutral Policy

The onshore USD/CNY has tested both sides of a range within past two weeks.