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There has been little in the way of...........>

FOREX
FOREX: There has been little in the way of headline flow over the last couple of
hours, but the yuan's strength, which has coincided with a break below the
200-DMA in UND/CNH, is seemingly limiting the USD vs. the remainder of the G10
FX space. The move lower in USD/CNH has come in spite of a second consecutive
negative China industrial profit reading.
- Early risk aversion pushed the JPY and CHF to the top of the G10 FX table,
however, the yuan's strength has allowed AUD & NZD to outperform on the day.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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