USD/CNH Shifts Focus to China Amid Heightened Trade Tensions
After a week dominated by European market events, attention shifts to China regarding USD/CNH pair dynamics. Recent retaliatory trade measures implemented by China on US agricultural goods are now in effect. This development creates anticipation around how USD/CNH will trade as reciprocal tariffs from the US are expected next month. Analysts suggest market participants should keep a close watch on price action, as the impacts of these tariffs could influence trading strategies and capital flows in the upcoming weeks. A pivotal week lies ahead for the pair as traders navigate this complex landscape.