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Yuan May Hit Five Per Dollar on Carry-Trade Exit, Macquarie Says
Macquarie Group predicts the Chinese yuan could reach five per U.S. dollar due to exits from carry-trade strategies. The forecast highlights potential shifts in foreign exchange markets driven by changing investor behavior.
Related Signal
Adjacent reporting
- Eurizon’s Jen Sees Chinese Yuan Rallying by Record 9% This Year
- Morgan Stanley Sees Yuan Rally Slowing, Diverging From Bulls
- Low Dollar Volatility Forces FX Traders Into Carry, Value Bets
- Yuan to Surpass Yen in Global Currency Options Trading, LCH Says
- China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies
- Dollar Will Continue to Fall in Next Few Months, Barclays Says