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USD/CNH Dips Sub 7.1700 Supported.

CNH

USD/CNH sits back close to unchanged for the session, near 7.1750/60. Post the stronger than expected CNY fixing and onshore spot opening lower, USD/CNH got down to lows near 7.1650. Earlier highs in USD/CNH were just above 7.1800. In the equity space, Hong Kong started off positive, although are away from highs (last +0.20%). Onshore equities are tracking modestly lower though, which is providing some offset.

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