USDCNY | Market outlook

Sep 4

• The USD/CNY strengthened on Tuesday as a stronger U.S. dollar and concerns over a weak Chinese economy put pressure on the Yuan.
  
• Recent data from China revealed that manufacturing activity fell to a six-month low in August, while growth in new home prices also slowed during the same period.
  
• Additionally, the property sector has yet to respond positively to Beijing's series of stimulus measures, continuing to drag down the overall economy.
  

Nov 6

Trade active

Market has reached the entry.