#TariffsPause

The market is witnessing notable movements following the announcement of #TariffsPause between the United States and China, which has eased trade tensions. The USD/CNY currency pair was one of the first pairs affected, as the US dollar experienced some decline against the Chinese yuan. The temporary truce has alleviated pressure on the markets, pushing investors towards higher-risk assets. However, a state of caution remains dominant, as the decision to suspend tariffs could be temporary if the underlying disputes are not resolved. Experts advise closely monitoring USD/CNY movements during this period, paying attention to any new statements that may bring volatility back to the markets.