According to The Kobeissi Letter, President Trump is focusing on a trade deal with China that would include Chinese commitments to invest more in the U.S. and increase purchases of American products. This potential agreement could impact market sentiment and influence currency exchange rates, specifically affecting the USD/CNY pair as trade relations between the two countries are pivotal for global economic stability.

According to The Kobeissi Letter, President Trump is negotiating a trade deal with China that includes commitments from China to increase purchases of American products, as reported by The New York Times. This development could potentially impact trade balances and influence currency markets, offering opportunities for traders dealing with USD/CNY pairs.