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USD/CNH breaks north of 6.92, hitting......>

CHINA FX
CHINA FX: USD/CNH breaks north of 6.92, hitting the highest levels of the year
(last time USD/CNH traded this high was early December last year). Little news
to drive the move, with USD stronger across the board as has been the case since
the better-than-expected weekly jobless claims and Philly Fed numbers. Next
resistance eyed at the mid-November highs of 6.9698.
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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