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Beef Exports Deal Expected, CPI Due

CHINA FX: CNH weakening further, slipping below the overnight lows. Yesterday's
USD/CNH highs remain in tact at Cnh6.8741 and become the first level of
resistance but could easily give way in the current high headline risk
environment. As China-US trade talks remain on ice and Chinese markets are thin
given market holidays, CNH volatility has ticked higher over the past few
sessions. Fed's rate decision tomorrow also a big risk on the radar. 
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