Free Trial

USD/CNH rate edges lower still, hitting....>

CHINA FX
CHINA FX: USD/CNH rate edges lower still, hitting the day's lows at 6.8830 as
Bloomberg reports that the US are to lift the China currency manipulator tag
ahead of the signing of the phase one trade deal on Wednesday. News was largely
as expected (Fox News reported as much earlier today) so reaction is muted, but
markets do edge slightly higher on the news. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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.