Offshore Yuan Gains as Dollar Softens Ahead of Key Economic Data
The offshore yuan strengthened as the US dollar softened and China’s central bank established a daily reference rate stronger than anticipated. These movements precede a week packed with crucial economic data, notably the release of the Federal Reserve’s preferred inflation measure due on Friday. Investors are keenly eyeing the core personal consumption expenditures (PCE) index, which excludes […]
Offshore Yuan Gains as Dollar Softens Ahead of Key Economic Data Read More »