Charts of the Week: Will Chinese Yuan Weaken Again?

On Demand

Duration: 18 Minutes

Original Date: February 07, 2022

As the offshore Chinese yuan (CNH) rallied over 13% versus the US dollar between May 2020 and January 2022. The People's Bank of China (PBoC) has taken steps to curb this strength and has called for "two-way fluctuation". In this webinar we’ll demonstrate how to use Bloomberg backtesting tools to examine the actual effectiveness of the PBoC's use of banks' FX reserve ratios. You will learn how to create a backtested strategy of trend and momentum in USD/CNH and even how to integrate and backtest these two strategies together.

The session will reveal important market insights and demonstrate how you can create similar ideas yourself. The webinar tackles a key theme or asset class, using backtesting tools to provide analysis of the trends, anomalies and technical insights you need to keep an eye on this week.

Speakers

Tim Mccullough

Technical Analysis Application Specialist

Bloomberg

Tim is the application specialist in Technical Analysis at Bloomberg LP in London, where he manages the rapidly increasing demand for charting and data visualization tools in EMEA.

He has over 30 years’ experience in financial markets, in trading, sales and research at major international banks, including State Street, UBS, BNP Paribas and Lloyds. He uses diverse but complementary technical methodologies, based on behavioral finance, to help Bloomberg clients to analyze sentiment in all asset classes and all conditions of volatility and liquidity.

In 2018 he additionally took an MSc in Financial Investigation, including a dissertation examining the dependency of financial markets on illicit flows from money laundering. He previously took a BA in Classics and is a full member of the Society of Technical Analysts in London and of IFTA.

Charts of the Week: Will Chinese Yuan Weaken Again?

Speakers

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