US Dollar Strength Has Been Blowing in the Yuan After CNY/JPY Hit Record Highs - DailyFX

5/16/2022 12:00:00 AM2 years 11 months ago
by Daniel McCarthy
by Daniel McCarthy
The US Dollar roared higher recently, but it appears that the Chinese Yuan may provide clues for future moves. How will the USD/CNY impact the DXY index?
- The US Dollar is at 20-year highs, and the DXY index might have further to go
- Regional and commodity bloc currencies might be at the whim of Chinese policy
- USD/CNY could hold … [+2760 chars] full article...