Dólar Americano/Yuan RenminbiAtualizado 15 December, the US will implement tariffs on $156B on China
To offset the additional tariffs the CNY would have to depreciate - although the Chinese authorities have said that they won't pursue quantitative easing.
If there is a formal announcement to suspend or delay the tariffs, the market would expect a more positive risk reaction and that is currently being priced in. WIth the USDCNY trading around the 6.90 and below the 7.00 psychological level that was key back in the summer.
If Phase one of the deal does not pass and the tariffs go-ahead, we would expect the USDCNY to trade above the 7.100
If there is a formal announcement to suspend or delay the tariffs, the market would expect a more positive risk reaction and that is currently being priced in. WIth the USDCNY trading around the 6.90 and below the 7.00 psychological level that was key back in the summer.
If Phase one of the deal does not pass and the tariffs go-ahead, we would expect the USDCNY to trade above the 7.100
Nota
Back above the 7.000Ordem cancelada
PBoC is propping up the Yuan
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.