Free Trial

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.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.