Quantitative Analysis /
China

Chinese yuan breaks 3-year high against the dollar

  • The yuan has strengthened by +10.7% in the past 12 months and 2.2% ytd

  • Our machine-learning model forecasts more appreciation, retracing the broad depreciation of the past decade

  • The current rally is the strongest since 2008, making it difficult for traders to ignore

Chinese yuan breaks 3-year high against the dollar
James Huckle
James Huckle

Quantitative Analyst

Tellimer Research
27 May 2021
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