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Westpac analyst Frances Cheung says the next driver for the yuan is US-China trade headlines now that the FOMC meeting is over. Treasury Secretary Mnuchin said FX was part of trade discussions, but no explicit direction on USD/CNY is expected.
Westpac expects USD/CNY to trade between 6.69 and 6.80 near term.
Expectations of a stable yuan range reduce currency-driven swings in Chinese feed import costs, leaving trade headlines as the main risk to demand.
forexcrunch.comFX Street2019年1月31日在过去 169 次中性的宏观事件之后，人民币(每 USD 的 CNY) 在 5 个交易日内中位数变动 +0.0%（50% 上涨；中间一半区间为 -0.3% 至 +0.2%），20 个交易日内为 -0.0%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
