Yuan to Strengthen in Medium to Long-Term: DailyFX’s Yang

Yuan to Strengthen in Medium to Long-Term: DailyFX’s Yang

Assessment

Interactive Video

Business

University

Hard

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The video discusses the trends in currency markets, focusing on China's economic performance and the strengthening of the yuan amid COVID-19 disruptions. It highlights China's GDP growth, trade surplus, and PBOC policies, which contribute to the yuan's strength. However, potential risks such as PBOC intervention and US-China tensions are noted. The video also examines the performance of Southeast Asian currencies, which have gained against the US dollar due to capital inflows and post-COVID recovery prospects.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which Southeast Asian currencies have shown strong performance this year?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the rollout of vaccines in Western economies impact Southeast Asian currencies?

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