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President Donald Trump makes no secret of the fact that the U.S. is engaged in a geopolitical competition with China. While ...
Soft underlying tone suggests US Dollar (USD) could dip below 7.1600 against Chinese Yuan (CNH); the major support at 7.1450 is likely out of reach for now, UOB Group's FX analysts Quek Ser Leang ...
Furthermore, the RMB’s role as a reference currency is not restricted to South Asia. The study examined the movement of 52 currencies globally. It found the RMB is now the dominant reference currency ...
If the 60% tariff were delivered, then we expect the upside risk for USD/RMB could go to 7.5–7.7. The biggest downside uncertainty revolving around Trump's presidency is whether there would be a ...
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