The Chinese yuan traded higher against the U.S. dollar on Friday in Asia.
The yuan climbed to a 1-week high of 6.2306 against the greenback, compared to Thursday's close of 6.2405. The next upside target level for the yuan is seen at 6.22.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.