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Offshore Yuan Pushes Towards Overnight High

CNH

Offshore yuan strengthens post trade data, in yuan terms exports rose 22.7% in the Jan-Sept period, imports rose 22.6%, markets still awaiting the Y/Y figures for September for which consensus if a 13.3% rise in exports and 14.6% rise in imports in yuan terms. USD/CNH pushing towards yesterday's lows, last down 56 pips at 6.4501, Tuesday's lows at 6.4493.

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