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Fxi stock price forecast currency stability is playing a larger
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Currency stability is playing a larger role in the "FXI stock price forecast", with recent yuan strength enhancing foreign investor confidence in Chinese large-cap exposure. Bill Adams, chief economist for Comerica Bank said that manufacturing activity “is gaining traction in the spring as businesses ran down inventories less than in 2023.” The dollar index jumped 1.7% to 105.13 Wednesday following Donald Trump's victory in the U.S. presidential election. Seasonality trends historically favor Q3 upticks; combined with current macro tailwinds, this pattern bolsters the positive bias embedded in the latest "FXI stock price forecast".