The tariff war continues to escalate, the dollar index did not strengthen as expected, but by the poor economic outlook dragged down to near 105, the market is expected to the Federal Reserve will cut interest rates 3 times this year, much higher than expected at the beginning of the year.In contrast, the yuan, which was previously tipped to depreciate sharply, has held up exceptionally well, rallying more than 500 points this week. on March 6, the offshore yuan rose 193 basis points to 7.2357 against the dollar.
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