7 Things

7 Things

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Goldman folds on yen. 110 ships, zero response.

The news, distilled

Adrian Monck's avatar
Adrian Monck
Jul 06, 2026
∙ Paid
WTI $69 · DXY 101 · VIX 16 · GPR 174↑

China’s PBOC daily fixing has allowed USD/CNY to drift to 6.79 – up 0.2% this month – as FDI inflows collapse to 0.2% of GDP, suggesting the yuan’s managed stability is eroding rather than holding. Meanwhile, Goldman Sachs revised USD/JPY forecasts to 165 over twelve months as the yen sits at a 1986 low of 161.83; Br…

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