Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters
Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters
Yuan
Business /  Markets

Yuan weakens sharply after PBOC sets fixing at two-week low; all eyes on Fed

Analysts say any re-pricing of Fed’s balance sheet reduction could lift US Treasury yields and put yuan under pressure

Topic |   Yuan
Laura He
Laura He

Updated: 2:55pm, 20 Jul, 2018

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Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters
Tuesday’s Fed meeting will be a key focus of the market and drive yuan renminbimovement, analysts said. Photo: Reuters
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