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

Summary by Action Forex
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.
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Action Forex broke the news in on Friday, January 2, 2026.
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