business
breaking news China’s PBOC set to peg USD/CNY benchmark rate at 7.1695 – Reuters estimate
Offshore Yuan fell, USD bid on news from China.
As I posted the first indications here:
The USD is firmer with the Yen not too far behind due to weekend Chinese news:
I posted a USD/CNH update earlier here:
USD/CNH update:
This article was written by Eamonn Sheridan at forexlive.com.
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