China’s yuan is opening the week with another jump, to its highest since June of 2018

On By In Analysis, Forex

Offshore yuan, CNH, up again vs. the USD in the early hours.

Weekend data showed China’s exports rising strongly.
  • China weekend data, exports jumped 11.4% in October & imports +4.7% (USD terms, y/y)
Yuan has been rising for months.
Offshore yuan, CNH, up again vs. the USD in the early hours.