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CNH breaking out slightly in recent........>

CHINA FX
CHINA FX: CNH breaking out slightly in recent trade, pressuring USD/CNH back
below the earlier lows of 7.1560 to hit new highs on the day. CNH volumes also
doing well, with daily volumes looking to top recent averages on the CME. The
Friday close at 7.1315 now in view as the first target for USD/CNH bears.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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