XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48% XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48%
FOREX 2H AGO Source: ExchangeRates

USD/CNY Forecast: Why BofA Believes the Chinese Yuan Can Extend Gains

The US Dollar to Chinese Yuan (USD/CNY) exchange rate remains under pressure and is trading near 6.77 after the Chinese currency outperformed most regional peers during the first half of the year. Bank of America expects the Yuan to remain well supported, arguing that foreign exchange flows rather than traditional economic fundamentals.

USD/CNY Forecast: Why BofA Believes the Chinese Yuan Can Extend Gains
The US Dollar to Chinese Yuan (USD/CNY) exchange rate remains under pressure and is trading near 6.77 after the Chinese currency outperformed most regional peers during the first half of the year. Bank of America expects the Yuan to remain well supported, arguing that foreign exchange flows rather than traditional economic fundamentals.
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