The currency market envisages that a renewed yuan weakness against the US dollar will be sustained rather than fleeting. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

Currency traders poised to pounce as US trade war keeps the Chinese yuan weaker

  • Beijing is expected to tolerate a weaker yuan to help exporters offset the effect of higher US tariffs, although the yuan-to-dollar slide should be modest
  • Other currencies expected to be caught in the slipstream of trade war tensions include the yen and won

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The currency market envisages that a renewed yuan weakness against the US dollar will be sustained rather than fleeting. Photo: Reuters
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