Core Viewpoint - The onshore Renminbi (RMB) against the US dollar opened slightly higher at 7.1000, while the offshore RMB was reported at 7.09655, indicating a stable currency performance amid fluctuating market conditions [1] Currency Performance - The onshore RMB closed at 7.1006 the previous trading day, showing a minor increase in the opening [1] - The RMB central parity rate against the US dollar was set at 7.0843, up by 13 basis points from the previous day [1] - The US dollar index was reported at 98.7057, remaining below the 99 mark, indicating a weak dollar performance [1] Economic Outlook - According to Dongfang Jincheng's chief macro analyst Wang Qing, the Federal Reserve's potential interest rate cuts and the impact of trade policies on the US economy suggest limited upward potential for the dollar index [1] - Despite significant declines in the dollar during the first half of the year, negative factors such as Fed rate cuts have been largely priced in, indicating a strong resilience against further declines in the future [1]
在岸人民币对美元开盘小幅上涨，报7.1000
Sou Hu Cai Jing·2025-10-29 02:15