Trial now
US TSY OPTIONS

Large 10Y Call Sale

FED

Powell Says No Decision Made on Taper

LATAM

Initial Dollar Pop Faded Immediately

DOLLAR
DOLLAR: USD rally abating slightly in recent trade; a lot of focus turning to
the USD/CNH rate which is holding on to a 0.5% rally following China's reported
suspension of the counter-cyclical factor in the CNY fix. Market believes this
to be a sign that Chinese authorities will be less active in limiting USD/CNH
upside - hence USD/CNH higher and feeding through to major pairs. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com