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USD/CNY makes a show under Cny7.00,......>

CHINA YUAN
MNI (London)
CHINA YUAN: USD/CNY makes a show under Cny7.00, touched Cny6.9961, but currently
holding back around the figure. Reports overnight have suggested an advance in
the Sino-US trade negotiations (FT headline suggested that the White House
considering removing some of the tariffs on China). This headline inspired a
round of risk-on flows in Asia, even as the full story was heavily caveated.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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