One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has signaled the country should defend...
Tag : Weaker
Rabobank sees a likely weaker AUD/USD ahead, forecast to 0.60
Via Rabobanbk analyst Foley on the Australian dollar, in brief. AUD could weaken a little in the months ahead, Rabo says the risk is AUD/USD...
GBP/USD Forecast: Sterling Rises Despite Weaker UK CPI
UK consumer inflation increased by a smaller-than-expected 2.5% annually. Market participants increased the likelihood of a Feb BoE rate cut from 60% to 80%. Economists...
RBC forecasts a much weaker yuan in 2025, project USD/CNY to 7.55 by year end
RBC projects the USD/CNY exchange rate to rise to 7.55 by year-end. Analysts at the bank cite: weak economic prospects for China, the economy remains...
ForexLive Asia-Pacific FX news wrap: USD a touch weaker on the first session of the year
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and...
Trump trade adviser warns against currency manipulation as China mulls weaker yuan By Reuters
By Gram Slattery WASHINGTON (Reuters) -A top trade adviser to President-elect Donald Trump told Reuters on Thursday that the new administration would not look “fondly”...
AUD/USD Forecast: Aussie Tumbles Following Weaker Yuan
Authorities in China are considering a weaker currency. Chinese exports slowed in November. Market participants eagerly await the US inflation report. The AUD/USD forecast suggests...