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The case for a weaker renminbi remains intact

Although we now think policy rates in China will not be lowered further, we still expect the renminbi to weaken to 7.0/US$ this year. Markets Drop-In (22nd June, 10:00 ET/15:00 BST): Join our Markets team for this special briefing on the outlook for equities, bonds and FX and a discussion about revisions to our forecasts. Register now
Jonathan Petersen Markets Economist
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Souring risk sentiment reignites the dollar rally

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