Surging Yuan’s Path Ahead By Blu Putnam, CME Group

Yuan Rises Amid US Demand for Chinese Goods

  • Yuan gained 10% against US dollar in 10 months through January 2021.
  • US demand for Chinese products helped fuel the yuan’s appreciation.
  • Demand could switch to US service sector as vaccination progresses.
  • Will yuan give back gains or will new factors support the currency?

 

Watch video on CME website