by Gerhard Massenbauer | Nov 14, 2024 | Analysis, Multi-currency
In a tense global economic environment, the prospect of China’s new stimulus program is a ray of hope. The decision to boost the country’s economy could have far-reaching implications for the capital markets, particularly for emerging market currencies...
by Gerhard Massenbauer | Nov 14, 2024 | Markets
In recent months, there has been a clear upward trend in Asian currencies after they were previously significantly undervalued. The Chinese yuan (CNY) and the Japanese yen (JPY) in particular have been under pressure, while the People’s Bank of China (PBoC) has...