An increase of the indicator value may contribute to the rise in quotes of USD.
USDCNY
US dollar / Chinese yuan
Indicators
Chart
News USDCNY
A decrease of the indicator value may contribute to the fall in quotes of USD.
Pia Orrenius from the Federal Reserve Bank of Dallas (Fed) warns that President Trump's immigration policies could severely hamper the country's economic growth. She believes arresting and deporting up to 450 people per day will reduce national GDP by 1% this year.
The President of the Federal Reserve Bank of Boston, Susan Collins, indicated that the central bank may continue to lower interest rates. However, she highlighted that growing inflation resulting from President Trump's tariff policies could potentially delay this decision.
On Friday, the Bloomberg Dollar Spot Index, which tracks the greenback's performance against major global currencies, dropped to a six-month low. The decline followed massive outflows from US assets amid escalating trade tensions between Washington and Beijing.
Event announcement USDCNY
The CNY publication is expected
Trade Balance (USD)
170.52B
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GMT +11
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USDCNY economy
United States
China
Central Bank interest rate
Gross domestic product
Unemployment rate
Retail sales
Trade balance
Inflation
Business confidence