人民币走势简评
Dong Fang Jin Cheng·2024-09-25 08:12

Group 1: Factors Influencing RMB Appreciation - Recent RMB appreciation against the USD is driven by the PBOC's interest rate cuts and increased support for the real estate sector, boosting market confidence[1] - The USD index is trending downward due to significant interest rate cuts by the Federal Reserve, contributing to the RMB's passive appreciation against the USD[1] - Since July, the RMB has been appreciating against the USD, leading to increased bank foreign exchange settlement and a decrease in foreign exchange sales, creating a positive feedback loop for RMB appreciation[1] Group 2: Future Outlook and Market Sentiment - The current market sentiment is optimistic, with pent-up foreign exchange settlement demand expected to be released, potentially allowing the RMB to break above 7[1] - The RMB is likely to maintain a reverse fluctuation pattern against the USD, with limited potential for sustained large-scale appreciation until the domestic real estate market stabilizes[2] - Future RMB stability will depend on the USD index movements, emphasizing the importance of preventing abrupt fluctuations in the RMB against the USD[2]