- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD/CNY: Guided by US-China trade war – Danske Bank
USD/CNY: Guided by US-China trade war – Danske Bank
According to Danske Bank analysts, the recent escalation in the trade war pushed USD/CNY above the psychological level of 7.0 on Monday and market participants are increasingly discussing if China is using the currency in the trade war.
“Trump has little doubt about it when he tweets and overnight the US Treasury officially named China a currency manipulator. The move came outside the normal semi-annual updates. The labelling is primarily symbolic given the new tariffs already in place, but the move is certainly yet another escalation of the trade war and markets reacted negatively to the move. However, importantly, the People's Bank of China did not let the yuan weaken further overnight and USD/CNY stabilised slightly above 7 this morning. China has been selling yuan-denominated bills and the mid-point for onshore trading was set a stronger level than expected this morning. The stronger yuan level has helped stabilise US equity futures. Officially, the Chinese central bank says the weakening on Monday reflects market moves in light of the protectionist measures from the US. We argue that China will not pull the currency weapon as it could (1) backfire as capital outflow could accelerate, (2) China wants to be a reliable economic power in the global economy and (3) China will see a significant setback in its intention of moving towards a market-based currency. It does not mean that the CNY cannot weaken further, as we expect. In our view market flows point to a move towards 7.20 in 6M time.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
