Tuesday, 10 May 2022

Chinese Yuan Forecast: USD/CNH Eyes Chinese CPI Data Ahead of US Inflation

The Yuan may see volatility on China's inflation data today. The Dollar is also in focus, with the US following up with its inflation data. Meanwhile, USD/CNH's technical posture may be weakening.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...