Yuan long
Multiple rejections of the 3 level and entry on 2.5 for a 1 to 3rr is my basic prediction for yuan.
For it couls still go up because of the unresolved fundamentals. Like yields didn't cut as much for loans, losing birthrate, and lack of foreign investment support on debt. Like evergrande, shadow banking, and dying house investments.
This is simply because china is losing population to replace the existing mechanism.
There needs a big change to revitalize the chinese dictatorship to move into a proper system of centrist merit.
For it couls still go up because of the unresolved fundamentals. Like yields didn't cut as much for loans, losing birthrate, and lack of foreign investment support on debt. Like evergrande, shadow banking, and dying house investments.
This is simply because china is losing population to replace the existing mechanism.
There needs a big change to revitalize the chinese dictatorship to move into a proper system of centrist merit.
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