Trade The World
USD/CNH steadies amid weak October China trade data – BBH
Ni FXStreet Insights Team
Petsa ng Pag-publish: 7 Nov 2025 | Petsa ng Pag-edit: 7 Nov 2025
POPULAR ARTICLES
USD/CNH trades near the midpoint of a two-month range as China’s October trade data shows soft exports and weak domestic demand, BBH FX analysts report.
USD/CNH trades near the midpoint of a two-month range as China’s October trade data shows soft exports and weak domestic demand, BBH FX analysts report.
US-China trade surplus narrows to five-year low
"USD/CNH is trading near the middle of a two-month 7.0900-7.1500 range. China’s October trade data continues to point at weak domestic demand activity and decoupling with the US. In the twelve months to October, China’s trade surplus totaled $1168bn, down slightly from September’s record high of $1173bn, while the trade surplus with the US narrowed to near a five-year low at $448bn."
"In October, both exports and imports fell short of expectations. Exports unexpectedly fell -1.1% y/y (consensus: 2.9%) vs. 8.3% in September and imports rose 1.0% y/y (consensus: 2.7%) vs. 7.4% in September. Softer import growth underscores persistently weak domestic demand."
"In our view, a gradual revaluation of China’s currency could help China stimulate consumer spending by boosting disposable income through cheaper imports. Bottom line: USD/CNH has room to break lower."
FXStreet
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Read More
