FXStreet (Guatemala) - Analysts at ANZ explained that interest rate cuts in China have tended to lead to yuan depreciation. Key Quotes: "Despite an easing in capital outflows in October, there is still genuine onshore demand for dollars. The latest rate cut may see some pick-up in outflows." "The failure of the yuan to gain from the ECB inspired risk rally is also another indication that near-term depreciation pressure remains." For more information, read our latest forex news.