Chinese Yuan Suffers from Poor Data, Sino-US Trade Quarrel

May 15,2019 21:46   Source:Earnforex
The Chinese yuan declined against the US dollar today after almost all Chinese macroeconomic indicators released today missed expectations. The developments in the US-China trade negotiations were not good for the currency as well. The National Bureau of Statistics of China reported that fixed asset investment rose 6.1% in the first four months of this year. That is compared to the 6.3% increase logged in the previous reporting period and 6.4% predicted by analysts. Industrial […]

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