• Asia FX Talking: Excessive renminbi strength unwelcome

    Source: Buzz FX / 14 May 2025 16:00:00   America/Chicago


    USD/CNY: CNY outlook to improve post-tariff de-escalation
    USD/CNY fell from the 7.35 high in April to as low as 7.21 over the past month. Tariff developments and PBoC policy were the main catalysts. We expect the China-US trade war de-escal
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