USDCNY

#USChinaTradeTalks Trade relations between #America and #China are experiencing increasing tension, which directly affects the movement of the USD/CNY currency pair. Any new announcement from either side could significantly move the market, either positively or negatively. For example, today, any hint of new tariffs from America could lead to a rise in the dollar against the yuan due to concerns about a slowdown in the Chinese economy.

📊 As a trader, it is important to follow news of negotiations and official statements, as they often precede major market moves.

📌 Do you expect things to escalate further? Or is there a chance for a near-term calm? Share your opinion with us!

#uschainatrade #USDCNY