USD/CNY Expected to Move Lower in Near Term -- Market Talk

Dow Jones12-04 15:36

0736 GMT - Barclays Research expects USD/CNY to move lower in the near term amid still-anchored USD/CNY fixings and year-end seasonality, with the yuan potentially gaining to 7.05. The currency has been supported by several tailwinds, including corporates stepping up FX conversions, stronger CNY fixings by the PBOC and improved risk sentiment from the A-shares rally, Barclays says in a report. Downside for the yuan beyond China's Lunar New Year seasonality appears limited, as state banks have been rigorously absorbing dollar supply from Chinese corporates, which net sold $163 billion from April to October, it says. However, Barclays expects USD/CNY to move gradually higher in 2026, though it continues to see the yuan outperforming its peers against the backdrop of a firmer U.S. dollar. USD/CNY is at 7.06, according to LSEG. (monica.gupta@wsj.com)

(END) Dow Jones Newswires

December 04, 2025 02:36 ET (07:36 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588825009?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-04 15:36","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588825009","market":"sh","top_or_hot":-1,"title":"USD/CNY Expected to Move Lower in Near Term -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 GMT - Barclays Research expects USD/CNY to move lower in the near term amid still-anchored USD/CNY fixings and year-end seasonality, with the yuan potentially gaining to 7.05. The currency has been supported by several tailwinds, including corporates stepping up FX conversions, stronger CNY fixings by the PBOC and improved risk sentiment from the A-shares rally, Barclays says in a report. Downside for the yuan beyond China's Lunar New Year seasonality appears limited, as state banks have been rigorously absorbing dollar supply from Chinese corporates, which net sold $163 billion from April to October, it says. However, Barclays expects USD/CNY to move gradually higher in 2026, though it continues to see the yuan outperforming its peers against the backdrop of a firmer U.S. dollar. USD/CNY is at 7.06, according to LSEG. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 02:36 ET (07:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>USD/CNY Expected to Move Lower in Near Term -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUSD/CNY Expected to Move Lower in Near Term -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-12-04 15:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0736 GMT - Barclays Research expects USD/CNY to move lower in the near term amid still-anchored USD/CNY fixings and year-end seasonality, with the yuan potentially gaining to 7.05. The currency has been supported by several tailwinds, including corporates stepping up FX conversions, stronger CNY fixings by the PBOC and improved risk sentiment from the A-shares rally, Barclays says in a report. Downside for the yuan beyond China's Lunar New Year seasonality appears limited, as state banks have been rigorously absorbing dollar supply from Chinese corporates, which net sold $163 billion from April to October, it says. However, Barclays expects USD/CNY to move gradually higher in 2026, though it continues to see the yuan outperforming its peers against the backdrop of a firmer U.S. dollar. USD/CNY is at 7.06, according to LSEG. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 04, 2025 02:36 ET (07:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CNY","symbol_name":"Morgan Stanley Market Vectors Renminbi USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2588825009","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588825009","pubTimestamp":1764833760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0736 GMT - Barclays Research expects USD/CNY to move lower in the near term amid still-anchored USD/CNY fixings and year-end seasonality, with the yuan potentially gaining to 7.05. The currency has been supported by several tailwinds, including corporates stepping up FX conversions, stronger CNY fixings by the PBOC and improved risk sentiment from the A-shares rally, Barclays says in a report. Downside for the yuan beyond China's Lunar New Year seasonality appears limited, as state banks have been rigorously absorbing dollar supply from Chinese corporates, which net sold $163 billion from April to October, it says. However, Barclays expects USD/CNY to move gradually higher in 2026, though it continues to see the yuan outperforming its peers against the backdrop of a firmer U.S. dollar. USD/CNY is at 7.06, according to LSEG. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CNY":"Morgan Stanley Market Vectors Renminbi USD","USD":"ProShares Ultra Semiconductors"},"translate_title":"美元/人民币预计近期将走低——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"USD":1.5,"USDCNY.FOREX":1.5,"CNY":1.5},"content_text":"0736 GMT - Barclays Research expects USD/CNY to move lower in the near term amid still-anchored USD/CNY fixings and year-end seasonality, with the yuan potentially gaining to 7.05. The currency has been supported by several tailwinds, including corporates stepping up FX conversions, stronger CNY fixings by the PBOC and improved risk sentiment from the A-shares rally, Barclays says in a report. Downside for the yuan beyond China's Lunar New Year seasonality appears limited, as state banks have been rigorously absorbing dollar supply from Chinese corporates, which net sold $163 billion from April to October, it says. However, Barclays expects USD/CNY to move gradually higher in 2026, though it continues to see the yuan outperforming its peers against the backdrop of a firmer U.S. dollar. USD/CNY is at 7.06, according to LSEG. (monica.gupta@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2025 02:36 ET (07:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588825009","isCrawlerRequest":true}