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USD pare gains, led by the fall in USDCNH

USD
  • All the action was in Rates and Govies of late.
  • It's all in FX since that latest headline on China gearing up for CNH intervention.
  • USDCNH leads lower in in turn capping some of the USD gains seen overnight and in early trade.
  • USDCNY test session low on the follow.
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  • All the action was in Rates and Govies of late.
  • It's all in FX since that latest headline on China gearing up for CNH intervention.
  • USDCNH leads lower in in turn capping some of the USD gains seen overnight and in early trade.
  • USDCNY test session low on the follow.