The predictable fate of the yuan Pegasus

Report Date: 25th April, 2022

We went short the renminbi (RMB) on 12 December 2021. At the time, the RMB traded at around USD6.35. For a while, this looked silly. Now less so. Our forecast is for the RMB to fall to USD7.25 by year end.

To read the full report - Login or Subscribe

Author: Independent Strategy

< Back|All Reports|< Previous Next >

In the Media

Further contraction of credit to ‘small America’

David Roche CNBC European Squawkbox 20/04/23

The four dilemmas

David Roche 20/03/23

A fault of the ECB is that it looks backward

David Roche CNBC Asia Squawkbox 17/03/23

How China’s shifting growth model will ‘disappoint’ global markets

David Roche CNBC European Squawkbox 07/03/23

The predictable fate of the yuan Pegasus

In the Media

Subscribe to our YouTube Channel