Skip to main content
BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%BTC / USDTCRYPTO107,400+2.19%ETH / USDTCRYPTO3,840+2.13%SOL / USDTCRYPTO182.40−1.99%BNB / USDTCRYPTO652.30+0.66%XRP / USDTCRYPTO2.2150+1.61%DOGE / USDTCRYPTO0.3850−1.79%TON / USDTCRYPTO5.240+2.34%AVAX / USDTCRYPTO42.60−2.07%LINK / USDTCRYPTO22.40+2.28%ADA / USDTCRYPTO1.0520−1.68%TRX / USDTCRYPTO0.3300+0.92%DOT / USDTCRYPTO8.420+2.93%
About交易者博览会交易者大奖交易游戏
/
定价
开始使用→
fxJul 3, 2026, 6:51 PM

Societe Generale: Yuan Bulls Extend Gains on Strong China PMI

Societe Generale notes that stronger-than-expected China PMI data supports slow but steady growth, reducing the need for PBoC easing and boosting the yuan. USD/CNY has fallen back below its 50-day moving average.

USDCNY

Societe Generale highlights that stronger-than-expected China PMI data indicate slow but steady economic growth, which reduces the urgency for the People's Bank of China to ease monetary policy.

As a result, the yuan has strengthened, with USD/CNY falling back below its 50-day moving average. The bank attributes yuan strength to robust exports, supported by the global AI demand cycle.

Source: FXStreet Forex News