USDCNH USD/CNH
- 7.29867
- -0.00260-0.04%
USD/CNH News
The "tariff card" played by the two parties in the United States is unpopular! The American freight industry opposes it in unison: the tariff cost will be borne by consumers.
Recently, multiple executives in the freight industry in the USA have also stated that the tariff policies proposed by Biden and Trump will increase inflation, which will not only harm the US freight industry but also increase the burden on American consumers. The reason why American freight bosses are so opposed to the new tariffs is also partly because domestic freight demand in the USA is already quite low.
Express News | The probability of the Federal Reserve maintaining interest rates unchanged in August is 90.7%.
Gold Price Slumps as US Dollar Soars Amid High US Yields
US Dollar Rises to New High, Underpinned by Rising Treasury Yields
How long will it take for US inflation to return to 2%? Economist at the Cleveland Fed: if the economy does not decline, it will take another 3 years.
If the improvement of the supply chain no longer drives the decline in inflation, then the only thing that can bring downward pressure is economic recession. And if there is no recession, then more patience is needed, and it will take some time for inflation to return to 2%.
The Fed sticks to its own path, with a strong US dollar leading the global currency market.
Due to market speculation that the Fed's policy will diverge from other central banks, the US dollar index rose to 106 on Wednesday, its first time since May 1. An indicator measuring the strength of the US dollar has risen to its highest level since November last year.
Dollar Soars to Fresh 2024 High as Fed Diverges From Major Peers
Bearish warning for the US stock market: slowing labor market may jeopardize the soft landing and lead to a 10% stock market correction.
FX168 Financial News Agency (Europe) reported on Tuesday (June 25th) that Mike Wilson, Chief Information Officer of Morgan Stanley, stated on Bloomberg Television that the job market can determine the success or failure of the stock market, and any sudden weakness could trigger a meaningful adjustment.
Offshore RMB falls below the 7.3 mark, reaching a new low since November last year.
On the evening of the 26th, offshore Renminbi fell below 7.3, at 7.3018 to the dollar, hitting a new low since November last year. It is currently down 131 points, at 7.3004 to the dollar.
USD: A Quiet Day Before the Storm? – ING
Why Inflation Could Take Several Years to Get Back to 2%
The US Dollar Holds on to Tuesday Gains – BBH
USD/CNH: A Break Above 7.3000 Can Lead to 7.3100 Eventually – UOB Group
Delayed Fed Rate Cut, U.S. Elections Could Prevent Dollar Weakness -- Market Talk
Former Federal Reserve Economist: Don't be misled by recession indicators!
A former Fed economist pointed out that US inflation will continue to ease, economic growth will continue, and the "roaring 2020s" will still be full of vitality.
"Hawks and doves"! Allianz's chief economic advisor: The Fed should consider cutting interest rates in July, delaying may cause economic risks.
According to Allianz's chief economist, the Federal Reserve should consider cutting interest rates in July, as delaying could pose greater economic risks.
After the chief information officer of Daiwa Securities defected, the first warning was issued: US stocks could still drop by 10%, the key is...
Michael Wilson said that a soft job market could trigger a 10% stock market downturn; He pointed out that if non-farm employment fell below 100,000 people or the unemployment rate exceeded 4.3%, the economic slowdown would be obvious.
U.S. Dollar Expected to Weaken Against Most G-10 Currencies -- Market Talk
Bold bets have appeared in the US interest rate options market to hedge against extreme rate cuts.
Traders in the US interest rate options market are making a new bet on the Fed's rate path: a 3-percentage-point rate cut over the next nine months. Now, some are also increasing their bets to hedge against the consequences of tail risks, such as sudden and extreme rate cuts. The risk of a sudden economic recession in the United States still exists.
The strength of the USD is once again affecting emerging markets! Latin American currencies are leading the decline, as the USD index aims for a new high this year.
The currencies of emerging markets seem to be falling freely, despite relatively weak US economic data, traders are still flocking to the traditional safe-haven asset of the US dollar.