Forecast: CNYEUR from 2023 to 2027

Asian stocks edge up after strong China manufacturing survey

Updated: October 25, 2023

Inverse rate: EUR to CNY


Yuan to Euro price online today

Wondering about the future value of the Yuan against the Euro in 2021? Uncover insights, trends, and potential swings in the CNY/EUR exchange rate. Get detailed analytics, projections, and monthly breakdowns to navigate the forex waters with confidence.

Is the Yuan on an upward trajectory, or will it face a downturn against the Euro? Your quest for actionable insights and data-driven forecasts ends here.

We employ advanced resonant artificial intelligence systems, ensuring a holistic approach that encompasses technical and fundamental analysis. We sift through the noise, considering the global geopolitical landscape, news background, and a plethora of other factors that influence the intricate dance of currency values.

Below, discover a treasure trove of insights into the Yuan/Euro pair, enriched with graphs, tables, and a detailed narrative, turning complex data into actionable intelligence.

Navigate through each month of 2021 with precision, uncovering the projected value of Yuan against the Euro. Every prediction is crafted with a blend of cutting-edge technology and market expertise, serving as your compass in the world of forex trading.




Deep Dive: Yuan/Euro Exchange Rate's Historical & Projected Trends

Explore the intricate movements of the Yuan/Euro currency pair, meticulously plotted on the interactive chart below. Witness the pair’s historical performance and journey through our expertly crafted predictions, showcasing potential trajectories for the upcoming year.

The visual representation is color-coded for optimal clarity: historical data, optimistic forecasts, pessimistic outlooks, and our esteemed weighted average best forecast. Each strand of data weaving a comprehensive tapestry of insights for CNY/EUR currency enthusiasts and investors alike.

Beyond the ebb and flow of short-term trends, embark on a journey through our long-term forecasts. Rooted in rigorous analysis and futuristic modeling, our predictions for Yuan/Euro transcend the typical, offering insights till , encapsulating myriad possibilities and market dynamics.

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Yuan / Euro (CNY/EUR) Forecast 2021 Monthly

Month Target Pes. Opt. Vol., %

Unravel the mystery of currency trading and investment with a comprehensive outlook provided below. These key terms are essential in understanding the depth of our currency pair forecasts and analyses.

Target refers to the anticipated weighted average price of the CNY/EUR currency pair for a specific timeframe. This intricate prediction is derived from a symphony of data analyses and expert insights, ensuring a balanced and informed projection.

Pes. symbolizes the pessimistic forecast level, painting a scenario where market influences and trends lean towards a lower value of Yuan against Euro. A vital piece of the puzzle for investors looking to understand potential downturn risks.

Opt. illuminates the optimistic forecast level, where the CNY shines brightly, potentially reaching higher valuations against the EUR. A beacon for opportunities and growth, vital for strategy formulation.

Vol., % unveils the expected volatility, a key metric quantifying the anticipated fluctuations in the Yuan/Euro currency pair's value. An indispensable insight for traders and investors aiming to navigate the dynamic waves of the forex market with precision.

Armed with these insights, step into the world of Yuan/Euro trading with confidence. Each term is a gateway to strategic decisions, empowering you to navigate the currency markets with informed steps, turning volatility and forecasts into opportunities waiting to be seized.

CNY / EUR forecast for 2021





Other currencies against the Euro (EUR)

SYDNEY/NEW YORK (Reuters) – Asian stocks edged higher on Tuesday after strong readings on China’s vast manufacturing sector offset the weak lead from a softer Wall Street session.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2%, to regain some ground it had lost on Monday.

The Hang Seng Index in Hong Kong traded 0.18% higher while the Shanghai Composite also recovered early losses to stand 0.1% higher. Japan’s Nikkei 225 erased early losses to trade flat.

The Caixin/Markit Manufacturing Purchasing Managers’ Index(PMI) showed China’s factory activity expanded at the fastest clip in nearly a decade in August, bolstered by the first increase in new export orders this year.

“What we are seeing here is the slow but choppy export recovery that is taking a bit longer than maybe some market participants thought it would – and that’s because markets remain largely out of sync,” said Daniel Gerard, senior multi asset strategist at State Street Global Markets, based in Singapore.

“September is also going to be a choppy recovery, and until we get closer to more news about a vaccine it’s going to remain that way.”

Taiwan stocks gained 0.5% after the United States said on Monday it was establishing a new bilateral economic dialogue with the country, an initiative it said was designed to support Taipei.

Australia’s S&P/ASX 200 was an outlier, declining 2.4% to four-week lows on rising diplomatic tensions between Canberra and Beijing.

On Wall Street, the Dow Jones Industrial Average and the S&P 500 ended in the red overnight, while the Nasdaq rose solidly.

The S&P gained more than 7% for the month to notch its best August since 1986 in what is traditionally a softer month for stock performance.

Wall Street declines overnight were mostly caused by month-end portfolio rebalancing “rather than a new trend in equities,” said Rodrigo Catril, senior FX strategist at NAB Market Research in Sydney.

The Nasdaq fared even better than the S&P for the month, up nearly 10% as it rallied for a fifth straight month.

(Graphic: MSCI’s World Stock Index, here)

In currencies, the dollar dropped against a basket of major currencies early on Tuesday. The dollar index fell 0.4%, with the euro up 0.5% to $1.1993.

The Japanese yen strengthened 0.3% versus the greenback at 105.63 per dollar, while Sterling was last trading at $1.3410, up 0.3% on the day.

Expectations that the Fed will keep interest rates low for an extended period kept the dollar soft, marking a fourth straight month of declines in August, its longest losing streak since 2017.

Fed Vice Chair Richard Clarida on Monday expanded on Governor Jerome Powell’s comments from last week, saying that under the U.S. central bank’s new policy view, a low rate of unemployment does not on its own trigger higher interest rates.

Last week, the Fed said its new strategy plan is to use higher inflation when the economy is robust to offset the impact of periods of weaker prices.

Investors in Asia await an interest rate decision from the Australian central bank. While the Reserve Bank of Australia is not expected to change policy, its commentary on the economic outlook will be closely watched.

The Australian dollar stood up 0.4% at $0.7470.

In commodity markets, oil prices rose, reversing overnight losses, as investors shifted to risk assets.

Brent crude climbed 27 cents, or 0.6%, to $45.55 a barrel, after rising 0.5% to $45.28 on Monday. U.S. crude rose 21 cents, or 0.5%, to $42.82 a barrel, having fallen 0.8% in the previous session.

Elsewhere, gold gained to $1,980 an ounce, up 0.6% on the day. [GOL/]

(Graphic: Global markets, asset performance, here)

Source: reuters.com

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