Heavy news came from the National Development and Reform Commission.The central bank's statement shows that the exchange rate will not have room for further sharp depreciation, which can dispel the market's doubts. Judging from the recent exchange rate trend, it has kept a high level and fluctuated sideways. This week's closing did not fall below 7.26, so although it temporarily returned below 7.3, in fact, the depreciation trend in the medium term has not changed substantially. There is nothing to worry about in this position. In the future, we are optimistic about gradual appreciation, but the process will be slower.The latest voice of the central bank
The central bank's statement shows that the exchange rate will not have room for further sharp depreciation, which can dispel the market's doubts. Judging from the recent exchange rate trend, it has kept a high level and fluctuated sideways. This week's closing did not fall below 7.26, so although it temporarily returned below 7.3, in fact, the depreciation trend in the medium term has not changed substantially. There is nothing to worry about in this position. In the future, we are optimistic about gradual appreciation, but the process will be slower.At present, the medium-and long-term trend is still intact. This week, the weekly level only dropped slightly, and the short-term trend of the weekly level is all intact. The index is above the short-term trend line of the weekly level, and there is no problem with the medium-term trend. At the same time, the index is also above the monthly offensive line, and there is no problem with the current long-term trend. Therefore, the current adjustment is temporarily regarded as a daily adjustment, and the market still has the basis to continue to strengthen.Don't wait, there will be no accidents next week.
Statement of works: The contents are for reference only and do not constitute investment advice.The central bank's statement shows that the exchange rate will not have room for further sharp depreciation, which can dispel the market's doubts. Judging from the recent exchange rate trend, it has kept a high level and fluctuated sideways. This week's closing did not fall below 7.26, so although it temporarily returned below 7.3, in fact, the depreciation trend in the medium term has not changed substantially. There is nothing to worry about in this position. In the future, we are optimistic about gradual appreciation, but the process will be slower.A shares: The latest release of the National Development and Reform Commission! Don't wait, there will be no accidents next week.
Strategy guide 12-14
Strategy guide
12-14