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USD/CNH Prints Fresh Highs Ahead Of The CNY Fixing

CNH

USD/CNH is pushing higher ahead of the CNY fix, the pair getting to a high just short of 7.1930 a few moments ago. This is a touch above cyclical highs from the 15th of June, which were above 7.1920. We sit slightly lower now, last near 7.1900. Broader USD sentiment is slightly firmer, which is likely supporting the pair.

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