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SHANGHAI, Dec 6 (Reuters) - The yuan was little changed <br> <br> on Friday against the dollar, but is headed for its tenth straight weekly loss amid concerns <br> <br> that new tariff threatened by President-elect Donald Trump will heighten strains <br> <br> on the struggling Chinese economy.<br> <br> Analysts expect the dollar to remain firm as Trump's policies are expected to <br> <br> drive up U.S. inflation, but they believe Beijing will prevent the yuan from falling <br> <br> too much. "We anticipate some depreciation pressure in an expected strong dollar environment," Lynn Song,<br> <br> Greater China chief economist at ING, said in a note.<br> <br> <br> <br> However, "we don't expect an intentional large-scale depreciation and think the yuan will remain a low-volatility currency vis-à-vis most other Asian currencies." <br> <br> The yuan was changing hands at 7.2549 per dollar around midday,<br> <br> little moved from the previous close.<br> <br> <br> <br> Although the currency has rebounded from a one-year low of 7.2996 hit on Tuesday,<br> <br> it is poised to register its longest weekly losing streak <br> <br> since 2018. The dollar index fell to one-week low overnight and "the USD's consolidation should unwind the upside pressure building" in the yuan, aided by ongoing attempts by China's central bank <br> <br> to restrain its decline, said Alvin Tan, strategist at RBC <br> <br> Capital Markets.<br> <br> <br> <br> Recent data has painted a mixed picture of China's economic recovery, with manufacturing activities improving, but property sales in many Chinese cities remaining weak.<br> <br> <br> <br> China's "economic landscape is unarguably dull, and the absence of excitement is perhaps the most salient feature," said John Browning, managing director of BANDS Financial.<br> <br> <br> <br> He doesn't expect huge stimulus to be announced during next week's Central Economic Work Conference,<br> <br> as "Beijing's largesse will be reserved until after Trump is restored to the White House and the trade war formally begins." Top policymakers will gather at the conference to agree on major <br> <br> economic goals for next year.<br> <br> <br> <br> But the target for 2025 growth, one of the most closely-watched indicators globally for clues of Beijing's near-term policy intentions, likely will not be officially <br> <br> announced until an annual parliament meeting in March.<br> <br> During Trump's first term as president, the yuan weakened about <br> <br> 5% against the dollar after the initial round of U.S.<br> <br> <br> <br> <br> <br> tariffs on Chinese goods in 2018, and fell another 1.5% a year <br> <br> later when trade tensions escalated. Growth worries and <br> <br> expectations of further monetary easing by Beijing pushed China's 10-year treasury yields below 2% to record lows this week, worsening the yield disadvantage against the U.S.,<br> <br> and exerting downward pressure on the yuan. ING's Song expects the onshore yuan to move within a band between 7.00-7.40 per <br> <br> dollar, but could fall further to 7.50 "if tariffs come in earlier or more aggressive than our forecasts." <br> <br> LEVELS AT 03:47 GMT GMT INSTRUME CURRENT UP/DOWN( % CHANGE <br> <br> DAY'S DAY'S LOW NT vs USD -) VS.<br> <br> <br> <br> YR-TO-DATE HIGH PREVIOUS CLOSE % Spot 7.255 0.09 -2.11 7.2518 <br> <br> 7.2675 yuan &lt;CNY=CFX S Offshore 7.2615 0.03 -1.87 7.2574 7.2733 <br> <br> yuan spot (Reporting by Shanghai newsroom; Editing by <br> <br> Kim Coghill)<br> <br> <br> <br> Also visit my site ... พวงหรีดใกล้ฉัน - http://It-Viking.ch/index.php/The_Best_Way_To_Develop_Your_%E0%B8%A3%E0%B9%89%E0%B8%B2%E0%B8%99_%E0%B8%94%E0%B8%AD%E0%B8%81%E0%B9%84%E0%B8%A1%E0%B9%89_%E0%B8%AB%E0%B8%99%E0%B8%AD%E0%B8%87%E0%B8%88%E0%B8%AD%E0%B8%81_Revenue
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