$USDCNH: Monthly trend reversing, interesting pattern at play

Xi was seen toning down his foreign policy hawkishness, perhaps between AI and this we manage to fight back against the potentially inflationary dynamics of #reshoring and #protectionism in America.

If so, #globalization remains in place, which was the higher probability outcome, a scare but the status quo remains when it comes to VERY large structures or systems everyone benefits from.

After all, Xi isn't Putin, he seems more level headed and unlikely to commit foreign relations suicide just because (cough Ukraine invasion cough).

#forextrading