Daily Market Updates: Chinese Yuan: Strongest in four years despite weak data

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Chinese Yuan: Strongest in four years despite weak data – Commerzbank

Reported · Written up by our desk · Major Pairs

Commerzbank’s Volkmar Baur highlights that Chinese sentiment weakened in October as official manufacturing and non-manufacturing PMIs fell below 50, while construction new orders dropped towards record lows. Input costs and producer prices point to rising producer inflation.

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FXStreetChinese Yuan: Strongest in four years despite weak data – Commerzbank

Forex

Chinese Yuan: Strongest in four years despite weak data – Commerzbank

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