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May 6, 2025

Goldman Sachs Predicts Continued Decline for USD/CNY

Goldman Sachs forecasts a continued decline in the USD/CNY pair, citing positive shifts in U.S.-China trade relations. This outlook suggests a potential move towards a strengthened Chinese Yuan. The firm anticipates a swift adjustment in the near term influenced by recent trade discussions. Market participants should stay attentive to developments as the People’s Bank of China guides changes in currency strength.

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