Category: CNY

CNY/USD Gains on US Tax Reforms, Trump Arrives in Bejing
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CNY/USD Gains on US Tax Reforms, Trump Arrives in Bejing

The Chinese Yuan rose against the Pound (CNY/GBP), Euro (CNY/EUR), and US Dollar (CNY/USD) in Wednesday afternoon’s European trading despite the release of lacklustre Chinese data earlier in the session. Chinese Exports came in at 6.9% in October on the year, despite forecasts for 7.1% and September’s 8.0% reading. Imports also eased in October, coming...