Tariff Uncertainties May Keep Chinese Yuan on the Back Foot -- Market Talk

Dow Jones

2025/03/06

0359 GMT - China's yuan may garner only limited support from the USD Index's decline, Mizuho Securities Asia's Ken Cheung says in an email. Uncertainties over U.S. President Trump's tariffs on Chinese goods are unlikely to dissipate before China-U.S. trade talks begin, the director of FX Strategy says. These tariff uncertainties are poised to keep the yuan "on the back foot," Cheung says. USD/CNH is 0.1% higher at 7.2448, while USD/CNY is 0.1% lower at 7.2446, according to FactSet. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 05, 2025 22:59 ET (03:59 GMT)

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Uncertainties over U.S. President Trump's tariffs on Chinese goods are unlikely to dissipate before China-U.S. trade talks begin, the director of FX <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> says. These tariff uncertainties are poised to keep the yuan \"on the back foot,\" Cheung says. USD/CNH is 0.1% higher at 7.2448, while USD/CNY is 0.1% lower at 7.2446, according to FactSet. 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Uncertainties over U.S. President Trump's tariffs on Chinese goods are unlikely to dissipate before China-U.S. trade talks begin, the director of FX <a href=\"https://laohu8.com/S/MSTR\">Strategy</a> says. These tariff uncertainties are poised to keep the yuan \"on the back foot,\" Cheung says. USD/CNH is 0.1% higher at 7.2448, while USD/CNY is 0.1% lower at 7.2446, according to FactSet. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 05, 2025 22:59 ET (03:59 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517909030","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517909030","pubTimestamp":1741233540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0359 GMT - China's yuan may garner only limited support from the USD Index's decline, Mizuho Securities Asia's Ken Cheung says in an email. Uncertainties over U.S. President Trump's tariffs on Chinese goods are unlikely to dissipate before China-U.S. trade talks begin, the director of FX Strategy says. These tariff uncertainties are poised to keep the yuan \"on the back foot,\" Cheung says. USD/CNH is 0.1% higher at 7.2448, while USD/CNY is 0.1% lower at 7.2446, according to FactSet. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1215":"特殊消费者服务","03650":"KEEP"},"translate_title":"关税不确定性可能会让人民币处于不利地位——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03650":1},"content_text":"0359 GMT - China's yuan may garner only limited support from the USD Index's decline, Mizuho Securities Asia's Ken Cheung says in an email. Uncertainties over U.S. President Trump's tariffs on Chinese goods are unlikely to dissipate before China-U.S. trade talks begin, the director of FX Strategy says. These tariff uncertainties are poised to keep the yuan \"on the back foot,\" Cheung says. USD/CNH is 0.1% higher at 7.2448, while USD/CNY is 0.1% lower at 7.2446, according to FactSet. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 05, 2025 22:59 ET (03:59 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}