• 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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