What's the exchange rate trend of the US dollar against RMB (next month)?

Consolidation may take place next month for the following reasons:

1. Factors of RMB appreciation against the US dollar: A. Policy requires China's currency appreciation B. Trade is still in surplus C. Inflation is on the rise D. Foreign exchange reserves are still increasing.

2. Factors of RMB depreciation against the US dollar: A. Capital flight, b.GDP is difficult to rise.

3. Judging from the trend curve of USDCNY, the appreciation of RMB against the US dollar will enter a consolidation stage in a short time. Judging from CNY forward futures, CNY forward is depreciated.

The comprehensive conclusion is: consolidate

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