X @外汇交易员

Market Trends & Exchange Rate Dynamics - The possibility exists for the RMB to appreciate further against the USD, potentially breaking through the 7 level [1] - Scenarios driving RMB appreciation include a weakening US economy, Federal Reserve interest rate cuts, and a general decline in market confidence in the USD [1] - A potential improvement in US-China trade relations, such as a second-phase trade agreement, could also boost market confidence and push the RMB higher [1] - The multi-lateral exchange rate trend of the RMB is a result, not a target [1] Policy & Stance - China is not deliberately devaluing its exchange rate to support exports [1]