Stoked to hear analysts view on one of my fav currency pairing – USD/CNY. JP Morgan forecasts a drop to 6.95 by end of 3Q (prev forecast of 7.10). They have also revised 4Q forecast to 7.0 (prev forecast of 7.10). Meanwhile, Westpac is forecasting USD/CNY to be at 6.90 by end of 2020 and up to 6.60 by end of 2021.
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