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USD/CNY analysis as the US dollar index (DXY) surge continues

The USD/CNY pair has been in a strong bullish trend in the past few months.
The US dollar index has jumped to $105.6, the highest point in 6 months.
The Chinese economy weakness is continuing.

September 26, 2023

Shadow cast over China’s economic data even as retail sales smash through expectations

September 15, 2023

Trending news

More breaking stories

Report: China is further extending its ban on iPhones

Report: China is further extending its ban on iPhones September 7, 2023

China has reportedly banned iPhones for government officials

China has reportedly banned iPhones for government officials September 6, 2023

Xpeng reveals plans of expanding its footprint in Europe

Xpeng reveals plans of expanding its footprint in Europe September 4, 2023

Country Garden share price collapse to gain steam

Country Garden share price collapse to gain steam August 30, 2023

Xpeng just announced a deal with DiDi Global – a reason to buy stock?

Xpeng just announced a deal with DiDi Global – a reason to buy stock? August 28, 2023

Futu Holdings stock price forecast: a good speculative buy

Futu Holdings stock price forecast: a good speculative buy August 28, 2023

Shein just announced a deal with its fast-fashion peer Forever 21

Shein just announced a deal with its fast-fashion peer Forever 21 August 24, 2023

Country Garden share price is extremely cheap: buy the dip?

Country Garden share price is extremely cheap: buy the dip? August 22, 2023

BHP share price is at risk of a breakdown after dividend cut

BHP share price is at risk of a breakdown after dividend cut August 22, 2023

China’s Evergrande files for bankruptcy protection in the U.S.

China’s Evergrande files for bankruptcy protection in the U.S. August 18, 2023

USD/CNY: Renmnibi is at risk as PBoC fights to save the currency

USD/CNY: Renmnibi is at risk as PBoC fights to save the currency August 18, 2023

Shanghai index pressured as China black swan events mount

Shanghai index pressured as China black swan events mount August 17, 2023

Hang Seng index recoils as China stocks face multiple headwinds

Hang Seng index recoils as China stocks face multiple headwinds August 15, 2023

USD/CNY rate spikes ahead of crucial China economic data dump

USD/CNY rate spikes ahead of crucial China economic data dump August 14, 2023

Country Garden share price and the $200 billion black swan

Country Garden share price and the $200 billion black swan August 11, 2023

Tatro says Alibaba stock is ‘trading at a 40%-50% discount’ after Q1 results

Tatro says Alibaba stock is ‘trading at a 40%-50% discount’ after Q1 results August 10, 2023

Copper price forecast: hangs on a thread as China woes mount

Copper price forecast: hangs on a thread as China woes mount August 8, 2023

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