{"id":23133,"date":"2025-06-11T09:21:57","date_gmt":"2025-06-11T09:21:57","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=23133"},"modified":"2025-06-11T09:21:57","modified_gmt":"2025-06-11T09:21:57","slug":"forex-market-analysis-11-june-2025","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/it-eu\/analysis\/forex-market-analysis-11-june-2025\/","title":{"rendered":"Yuan steady on US\u2013China trade framework"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-1024x536.png\" alt=\"\" class=\"wp-image-23137\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-1024x536.png 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-300x157.png 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-768x402.png 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-500x262.png 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-400x209.png 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-350x183.png 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3-200x105.png 200w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/Untitled-design-3.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>US-China trade talks have stirred cautious optimism, but a lack of concrete policy shifts is keeping markets on alert. This analysis looks at how the yuan is reacting to headline-driven sentiment, key technical signals, and what might guide the next move.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Cautious optimism as US-China trade talks resume<\/strong><\/h2>\n\n\n\n<p>The Chinese yuan traded within a narrow band on Wednesday, with investor sentiment subdued amid cautious optimism over reported progress in US-China trade discussions.<\/p>\n\n\n\n<p>By 2:53 AM GMT, the onshore yuan was little changed, holding near 7.1872 against the US dollar, while the offshore rate hovered around 7.1873 \u2014 a modest 0.04% increase.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US and Chinese officials agreed on a framework to put their trade truce back on track and resolve China&#39;s export restrictions on rare earth minerals and magnets, US Commerce Secretary Howard Lutnick said <a href=\"https:\/\/t.co\/VD241s4aGM\">https:\/\/t.co\/VD241s4aGM<\/a> <a href=\"https:\/\/t.co\/l0AVgwVqFW\">pic.twitter.com\/l0AVgwVqFW<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1932656539900236225?ref_src=twsrc%5Etfw\">June 11, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Despite upbeat headlines from Tuesday\u2019s dialogue, markets appeared hesitant. The initial optimism seemed largely priced in, as traders awaited firm policy measures to confirm a shift in sentiment.<\/p>\n\n\n\n<p>Officials from both nations announced a tentative framework aimed at reviving the Geneva trade agreement and easing restrictions on China\u2019s rare earth exports.<\/p>\n\n\n\n<p>However, the absence of concrete details limited investor risk appetite, especially among forex participants wary of prolonged geopolitical uncertainty.<\/p>\n\n\n\n<p>The People\u2019s Bank of China (PBoC) set the daily reference rate at 7.1815 \u2014 its firmest fixing since 2 April \u2014 allowing for a trading range between 7.0382 and 7.3251, within the usual 2% band.<\/p>\n\n\n\n<p>Analysts at Citi noted that the central bank&#8217;s continued focus on maintaining the midpoint near the 7.2 level likely reflects Beijing\u2019s intent to reinforce currency stability in the face of global headwinds.<\/p>\n\n\n\n<p>While market sentiment has edged higher, Singapore-based DBS cautioned that the market may have already absorbed most of the positive momentum from the latest US-China developments.<\/p>\n\n\n\n<p>Without clear commitments regarding tariff reductions or a timeline for easing rare earth restrictions, they argue, the yuan is unlikely to experience any significant directional shift in the near term.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Technical analysis: USD\/CNH stalls as traders await direction<\/strong><\/h2>\n\n\n\n<p>The USD\/CNH currency pair is currently consolidating near the 7.18675 mark, following a volatile intraday session.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"450\" src=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1.jpeg\" alt=\"\" class=\"wp-image-23135\" srcset=\"https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1.jpeg 1024w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-300x132.jpeg 300w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-768x338.jpeg 768w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-500x220.jpeg 500w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-400x176.jpeg 400w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-350x154.jpeg 350w, https:\/\/www.vtmarkets.com\/it-eu\/wp-content\/uploads\/sites\/20\/2025\/06\/image-11-1024x450-1-200x88.jpeg 200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">USD\/CNH stalls near resistance; traders brace for breakout or range continuation ahead, as seen on the <a href=\"https:\/\/apps.apple.com\/au\/app\/vt-markets-online-trading\/id1372647263?mt=8\" target=\"_blank\" rel=\"noopener\" title=\"VT Markets app\">VT Markets app<\/a>.<\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>After reaching a low of 7.17764, the pair rebounded towards resistance at 7.19421 before being rejected, indicating hesitation among traders.<\/p>\n\n\n\n<p>Since that move, price action has remained confined within a narrow range between 7.18182 and 7.18943 \u2014 reflecting a broader market pause ahead of key macroeconomic triggers.<\/p>\n\n\n\n<p>Momentum indicators support this outlook: the MACD histogram is narrowing, and the MACD line is flattening just above the signal line, pointing to waning bullish momentum.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Markets await a breakout from technical standoff<\/strong><\/h2>\n\n\n\n<p>Additionally, short-term moving averages (5- and 10-period) are converging towards the 30-period average, signalling a potential equilibrium phase.<\/p>\n\n\n\n<p>The pair currently trades just below minor resistance (7.188\u20137.190). A clear break above 7.19421 could pave the way for a push towards the 7.20 psychological barrier.<\/p>\n\n\n\n<p>On the downside, failure to maintain current levels might trigger a retest of the 7.177 support zone.<\/p>\n\n\n\n<p>Unless there is a decisive update regarding US-China tariffs or rare earth export policies, traders are likely to remain cautious.<\/p>\n\n\n\n<p>As a result, the yuan\u2019s price movement will continue to hinge on central bank guidance and geopolitical headlines in the sessions ahead.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-China trade talks have stirred cautious optimism, but a lack of concrete policy shifts is keeping markets on alert. This analysis looks at how the yuan is reacting to headline-driven sentiment, key technical signals, and what might guide the next move. Cautious optimism as US-China trade talks resume The Chinese yuan traded within a narrow <a href=\"https:\/\/www.vtmarkets.com\/it-eu\/analysis\/forex-market-analysis-11-june-2025\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":102,"featured_media":23137,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30],"tags":[],"class_list":["post-23133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts\/23133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/comments?post=23133"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/posts\/23133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/media\/23137"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/media?parent=23133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/categories?post=23133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/it-eu\/wp-json\/wp\/v2\/tags?post=23133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}