Monday , November 4 2024

USD/CNY

Summary:
Trump happy:We are seeing a continued strengthening of the Chinese RMB vs. the U.S. dollar. The USD/CNY rate is now retesting a double bottom of 6.7 USD/CNY that was reached for the first time 18 months ago. Read more: https://t.co/H17Nrhh1pa #fx #forex pic.twitter.com/VC4OTFQnjd— FactSet (@FactSet) October 27, 2020

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Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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