Chinese Yuan strength extends Into 2026 as CFETS shift meets technical pressure

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Chinese Yuan extended its advance into the opening day of 2026, climbing to its strongest level against Dollar since May 2023. Part of the rally appears to reflect a knee-jerk reaction to the basket adjustment. China’s foreign exchange trade platform said the CFETS basket will be updated in 2026 as part of its routine annual […]The post Chinese Yuan strength extends Into 2026 as CFETS shift meets technical pressure appeared first on ActionForex.