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Morgan Stanley expects more yuan weakness in H2 2016

Discussion in 'Fundamental Analysis' started by ForexLive, Aug 19, 2016.

  1. ForexLive

    ForexLive Forum Member

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    MS say the yuan will weaken further over the medium term - Say H2 data from China will show further slowdown in growth - Cite the potential for rate cuts in H2 to weigh on yuan Note, this is medium term view from MS ... but it could already have started given today's move in USD/CNH! Up sharply. And it seems to have led to some wider USD buying nearly across the board?

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