💱US Dollar/Chinese Yuan FX Spot Rate
USDCNY
▲ PositiveMonetaryrelevance
Potential US tariffs and PBOC resistance to yuan gains limit USD/CNH downside, making USD stronger relative to CNY.
Impact on assets 1
Others
OCBC analysts Sim Moh Siong and Christopher Wong say potential US tariffs on Chinese goods and the People's Bank of China's resistance to rapid renminbi gains are likely to limit further downside in USD/CNH.
Potential US tariffs and PBOC resistance to yuan gains limit USD/CNH downside, making USD stronger relative to CNY.