The latest set of lacklustre US non-farm payrolls and ISM Services PMI data for October has reinforced further US dollar weakness. The narrowing of the 2-year US Treasury yield over the 2-year China sovereign bond has negated the current major downtrend of the offshore yuan (CNH) against the US dollar. A further breakdown below 7.2675 […]
The post Potential Bullish Tactical Movements Arise for Hong Kong and China Equities Due to USD Weakness appeared first on Action Forex.
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