Analysts at ING are holding a baseline view that Chinese authorities will want to keep USD/CNY fairly stable this year which is premised on a trade deal being concluded over perhaps some time in 3Q19. Key Quotes “We had also felt that the stability in USD/CNY between February and April had been an important factor contributing to declining cross-asset market volatility and the supportive risk environment.” “This week’s move in USD/CNY has, therefore, come as a surprise and jolted markets out of their comfort zone.” 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 Bitcoin price prediction: BTC/USD bulls forge ahead after the storm- Confluence Detector FX Street 3 years Analysts at ING are holding a baseline view that Chinese authorities will want to keep USD/CNY fairly stable this year which is premised on a trade deal being concluded over perhaps some time in 3Q19. Key Quotes "We had also felt that the stability in USD/CNY between February and April had been an important factor contributing to declining cross-asset market volatility and the supportive risk environment." "This week's move in USD/CNY has, therefore, come as a surprise and jolted markets out of their comfort zone." Top 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.
