UBS forecast USD/CNY to hit 7.5 by June 2025

UBS forecast USD/CNY to succeed in 7.5 by June this 12 months:

• whereas progress is predicted to speed up in China, efficient tariff charges may rise dramatically and be a headwind
• CNY has solely partially priced on this

On the opposite aspect, UBS see continued US greenback power.

• US exercise prone to keep sturdy, financial knowledge is prone to keep sturdy within the close to time period
• ongoing tariff worries for the remainder of the world, if new tariffs are launched, the US greenback may recognize additional
• US greenback to remain stronger for longer
• anticipate the Fed to chop for a complete of 50bps of easing, in 2Q and 3Q

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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