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China’s Commerce Ministry: Yuan seen weaker at 6.5-6.8 vs. USD in 2021

The Chinese yuan is likely to drop to 6.5-6.8 against the US dollar this year, Liang Ming, a professor at China’s Commerce Ministry, projected on Wednesday.

 

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Gold Price Analysis: XAU/USD bulls attempting to correct the bearish impulse

The price of the yellow metal has been under pressure of late and is attempting to correct the supply. The following is an analysis of the daily chart
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USD/CNH Price Analysis: Sellers attack 200-HMA on PBOC inaction

USD/CNH fails to justify the People’s Bank of China’s (PBOC) status-quo while refreshing weekly low to 6.4728 during early Wednesday. The currency pai
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