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JP Morgan see a much weaker Chinese yuan due to Trump tariffs, PBoC to step in
Source: Buzz FX / 05 Feb 2025 16:15:21 America/Chicago
JP Morgan cite cocnerns over Trump's extra tariff impost on China.
- Says USD/CNH to rise at least 1% higher from its January closing level.
- analysts at the bank expect the People's Bank of China will step in to prevent the spot rate risi
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