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fxAug 14, 2026, 6:57 PM

China July Activity Data to Guide Yuan, MUFG Says

MUFG’s Asia FX Weekly notes that China’s July activity indicators, after weak second-quarter GDP, will be key for the yuan and regional currencies.

USDCNH

MUFG’s Asia FX Weekly flags China’s July activity data as a central driver for the Chinese yuan and regional currencies. The focus comes after second-quarter GDP came in weak.

The report also highlights the People’s Bank of China’s policy stance as a factor shaping FX direction.

  • China’s July activity indicators seen as central for yuan and regional FX
  • Follows weak Q2 GDP
  • PBOC stance also guides FX

Source: FXStreet Forex News