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1 Apr 2025

USD/CNH seems firmer on the day – BBH

USD/CNH is firmer on heightened trade-related uncertainties, BBH's FX analysts report.

Growth outlook remains unimpressive

"The private sector Caixin manufacturing PMI unexpectedly improved in March to a four-month high at 51.2 (consensus: 50.6) vs. 50.8 in February."

"Nevertheless, the growth outlook will remain unimpressive as long as policymakers fail to address the root cause of weak consumption spending activity: low household income levels, high precautionary savings, and high levels of household debt."

Apr 1, 2025

USD/CNH: Upward momentum has slowed – UOB Group

Brief decline did not lead to a clear increase in downward momentum; USD is likely to trade in a 7.2550/7.2750 range.
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Apr 1, 2025

US Dollar stuck ahead of Trump’s tariff ‘Liberation Day’

The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major currencies, is consolidating further this week with highs and lows coming in closer to one another at the 104.00 round level this Tuesday.
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