The CNY midpoint just hit its strongest level in over two years—the first time we've seen this kind of move since mid-May 2023. The PBOC's latest announcement signals some serious shifts in currency policy. For traders monitoring macro conditions, this could reshape carry trade dynamics and overall market sentiment. Worth keeping an eye on how this impacts the broader digital asset landscape.
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SchrodingerWallet
· 1h ago
Is this recent strength of the RMB real? Or is it just a sign of another upcoming trap...
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HackerWhoCares
· 14h ago
The RMB is causing trouble again... This time, the carry trade might need to be recalculated.
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ponzi_poet
· 14h ago
The RMB is really starting to gain momentum... Is the carry trade about to explode?
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screenshot_gains
· 14h ago
Is the RMB rising again? This time the central bank is serious.
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ChainChef
· 14h ago
cny's been marinating in strength sauce for a minute now... tbh the carry trade recipe just got way spicier. gotta taste-test how this seasoning hits the broader market appetite 👀
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DeadTrades_Walking
· 14h ago
The RMB is rising so rapidly, arbitrage trading needs to be recalculated.
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consensus_failure
· 14h ago
The RMB has strengthened to a two-year high this round, and the carry trade needs to be recalculated.
The CNY midpoint just hit its strongest level in over two years—the first time we've seen this kind of move since mid-May 2023. The PBOC's latest announcement signals some serious shifts in currency policy. For traders monitoring macro conditions, this could reshape carry trade dynamics and overall market sentiment. Worth keeping an eye on how this impacts the broader digital asset landscape.