The onshore renminbi closed at 7.3050 yuan against the US dollar (CNY) at 03:00 Beijing time, up 10 points from Tuesday night's close. Volume 28.353 billion US dollars.
AUD/USD fell short-term, falling 0.4% to 0.6248 as Trump announced policy measures on steel and aluminum.
The New Zealand dollar against the US dollar NZD/USD fell by 2.00% during the day and is now trading at 0.5522.
Several US officials responded to DeepSeek's impact on the US, saying it was a "theft" and that a national security investigation into its impact was underway. Just a day earlier, US President Donald Trump had called DeepSeek a very positive technological achievement. (Financial Associated Press)
On January 29, several US officials responded to DeepSeek's impact on the United States, saying that DeepSeek was a "theft" and was conducting a national security investigation into its impact. Just a day earlier, US President Trump also called DeepSeek a very positive technological achievement.
The offshore renminbi held steady against the dollar in the Asian session at 7.2620.
According to Sina quotation, the offshore RMB continued to rise against the US dollar, regaining the 7.28 mark, and is now at 7.2776, rising more than 620 points in the day. According to China Money Network, the onshore RMB rose more than 350 points against the US dollar in the day, regaining the 7.28 mark, and is now at 7.2798.
According to Sina quotation, the offshore yuan continued to rise against the US dollar, recovering the 7.27 mark to 7.2645, rising more than 750 points in the day. According to China Money Network, the onshore yuan rose nearly 500 points against the US dollar in the day, recovering the 7.27 mark to 7.2675. FTSE China A50 index futures rose 1.2% overnight.
The pound against the dollar GBP/USD rose more than 1% in the day, setting the stage for its largest one-day gain since the end of 2023.
The onshore renminbi closed at 7.2994 yuan against the US dollar (CNY) at 03:00 Beijing time, down 44 points from the closing of the previous trading day and night. Volume 23.901 billion US dollars.