USDCNH chart

USDCNH chart by TradingView

USD/CNH

This pair represents the US Dollar against offshore Chinese Renminbi. The Renmibi is also often referred to as the Yuan in its unit designation and uses the letters CNY when trading inside of China. The Yuan used to be pegged to the US Dollar but is now allowed to trade a limited distance against the reserve currency on a daily basis. China is the world's largest exporter and remains the second largest economy, behind the United States. China has used its control over its exchange rate to help ward off global financial crisis and maintain its dominant trade position - an effort that has drawn accusations that it is manipulating its currency.


News


Yuan May Gain Ahead of MSCI Inclusion; Risk from Trade Disputes Remains

In less than two weeks, Chinese A-shares will be officially added to MSCI indices, which will likely boost the demand in the Yuan. At the same time, China may find more mutual interests with Germany than with US.
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Yuan May Lose on Weak Exports, Gain on Warmer China-Japan Relations


Bullish USD/CNH on Approaching Trade Talks And Technical Bullish Reversal


Yuan Torn Between US-China Political Alliance and Trade Disputes


A War to Trade More, Not Less - What’s Behind US-China Tariffs


Real Time News


Analyst Picks

Tyler Yell, CMT

Tyler Yell, CMT Forex Trading Instructor

My Picks: Bullish USD/CNH
Expertise: Intermarket and Technical Analysis
Average Time Frame of Trades: 2-8 Weeks


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