Currency devaluation

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Articles related to Currency devaluation

CNY Fixing Breaches 7.20: Market Eyes 7.5, But PBoC Defense Still in Play

• The People’s Bank of China has set the USDCNY fixing above 7.20 for the first time since September 2023, and the market may interpret this as a green light for USDRMB to rise to 7.5 to offset the tariff impact.

FOREX

Andrew Husby

Central Bank Demand Powers Gold's Strong Rally: A Look at 2024 and Beyond

Gold started 2025 on a strong footing, following a stellar performance in 2024. Barring possible setbacks, we believe that underlying factors will continue to support gold this year.

ECONOMY

Thomas Strobel