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USD/CNH adds 200 pips on the latest......>
CHINA YUAN
CHINA YUAN: USD/CNH adds 200 pips on the latest tariff headlines.
- Last CNH6.8290, eyes on Tuesday's high ~CNH6.8490, especially given that
Tuesday's CNH rally was triggered by reports that the U.S. & China are said to
seek a restart of discussions to defuse the trade war triggered risk on flows,
although the text of the story was a little more vague than the initial
headline.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
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