Citibank analysts are seeing further potential for declines in USD/CNH. Key Quotes “As (1) stability of RMB and stronger capital inflows are now likely part of US-China trade agreement; (2) Corporates are more inclined to sell USD rather than buy at recent lows while anecdotal evidence also suggests corporates also tend to hold off their USD purchases given recent strong downside USD/CNY momentum; (3) Combined bond and equities inflow to rise on confirmation from Bloomberg-Barclays Global Aggregate indexes to start including China from April.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Gold slumps to $1325 area ahead of Powell testimony FX Street 4 years Citibank analysts are seeing further potential for declines in USD/CNH. Key Quotes "As (1) stability of RMB and stronger capital inflows are now likely part of US-China trade agreement; (2) Corporates are more inclined to sell USD rather than buy at recent lows while anecdotal evidence also suggests corporates also tend to hold off their USD purchases given recent strong downside USD/CNY momentum; (3) Combined bond and equities inflow to rise on confirmation from Bloomberg-Barclays Global Aggregate indexes to start including China from April." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
