0147 GMT - Chinese yuan's outlook remains bullish, says Danny Suwanapruti of Goldman Sachs' Research. This view is partly supported by China's export resilience, with the trade surplus expected to reach a record US$1.4 trillion this year, the analyst says. "We think policymakers are signaling more tolerance for currency strength, and the CNY is one of the most undervalued currencies according to our metrics," Suwanapruti says in a research report. GS has revised its CNY forecasts stronger versus USD. It now sees USD/CNY at 6.90 in three months versus 6.95 previously, at 6.80 in six months versus 6.90 previously, and at 6.70 in 12 months versus 6.85 previously. USD/CNY is little changed at 6.9438, LSEG data show. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 04, 2026 20:47 ET (01:47 GMT)
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