USD/CNH to stay below 7.30 for the time being – OCBC

Source Fxstreet

USD/CNH could stay below 7.30 for now, despite Trump threatening to impose a 10% US tariff on Chinese goods comes February 1, OCBC’s FX & Credit Strategist Chang Wei Liang notes.

Trump holds back on introducing universal tariffs for now

“In his Davos speech yesterday, Trump spoke positively about his relationship with President Xi, saying that all that he was seeking is a fair trading relationship with China. This suggests that the outcome of US-China negotiations will drive any tariff decisions, following an earlier call between the two leaders to discuss trade, fentanyl, and TikTok.”

“Trump has held back on introducing universal tariffs so far, but he has also directed the US Commerce and Treasury Departments to probe economic and national security risks of large trade deficits, and recommend appropriate measures.”

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
JPMorgan claims native crypto investors spearheaded last week's heavy liquidationJPMorgan analysts claim that crypto-native investors largely drove the crypto market dip last week, while institutional products felt a minor impact.
Author  FXStreet
Oct 17, 2025
JPMorgan analysts claim that crypto-native investors largely drove the crypto market dip last week, while institutional products felt a minor impact.
placeholder
ECB Policy Outlook for 2026: What It Could Mean for the Euro’s Next MoveWith the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
Author  Mitrade
Dec 26, 2025
With the ECB likely holding rates steady at 2.15% and the Fed potentially extending cuts into 2026, EUR/USD may test 1.20 if Eurozone growth proves resilient, but weaker growth and an ECB pivot could pull the pair back toward 1.13 and potentially 1.10.
placeholder
Gold recovers above $4,100 as traders assess US-Iran conflict Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher as traders weigh a resumption of war in the Middle East.
Author  FXStreet
Jul 10, Fri
Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher as traders weigh a resumption of war in the Middle East.
placeholder
WTI surges above $74.00 as US-Iran strikes reignite Hormuz risksWest Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday.
Author  FXStreet
Yesterday 01: 15
West Texas Intermediate (WTI) oil price rises after two days of losses, trading around $74.20 during the Asian hours on Monday.
placeholder
Gold slides back closer to $4,050 as Iran risks and Fed hike bets boost USDGold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session.
Author  FXStreet
19 hours ago
Gold (XAU/USD) opens with a modest bearish gap at the start of a new week and slides back closer to the $4,050 level during the Asian session.
Related Instrument
goTop
quote