BREAKING: The Chinese Yuan has strengthened to 6.91 against the US Dollar, the strongest since May 2023. $GHST
The Yuan is now on track for its 7th consecutive monthly gain, the longest streak since 2020-2021, up+5% since 2025.
It has also been the 3rd-best-performing currency in Asia since September. $ALLO
The most recent move comes after Chinese regulators advised banks to limit purchases of US Treasuries and instructed those with high exposure to pare down positions. $RIVER
China is benefiting from the US Dollar's weakness.
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