Fundamental: China’s yuan slips to 2-month low, market focus turns to key 7 mark

China's yuan slipped to a two-month low against the dollar on Monday, pressured by contrasting US-China economic fortunes and market expectations that the US Federal Reserve is set to hike interest rates even more for longer. While the Chinese economy is starting to recover after the ravages of COVID-19, a slew of strong US economic data is pointing to an ...     Alert Feb 27, 2023, 4:47pm Fundamental: China's yuan slips to 2-month low, market focus turns to key 7 mark China's yuan slipped to a two-month low against the dollar on Monday, pressured by contrasting US-China economic fortunes and market expectations that the US Federal Reserve is set to hike interest rates even more for longer. While the Chinese economy is starting to recover after the ravages of COVID-19, a slew of strong US economic data is pointing to an ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support