More yuan forecasts along the same lines as the Goldman Sachs forecasts

Author: Eamonn Sheridan | Category: News

GS sees the Chinese currency falling in the near term but stabilising further out.

Link here ICYMi: 
Via Morgan Stanley:
  • expect 6.72 for USD/CNY in Q3 (was 6.57)
  • but recover in Q4 to 6.60 (previous 6.55)
MS cite expected bounce for China's economy, moves towards resolving trade conflict

ps. Separate note to their earlier:
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