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USDCNH is having a quiet session so......>

CHINA YUAN
CHINA YUAN: USDCNH is having a quiet session so far, consolidating Friday's
gains which came on the back of weak economic data and broad based dollar gains.
Bears have been unable to cling to declines below the 6.90 level but strong
overhead resistance exists at the 50-dma which comes in at 6.9244.
- Friday's weak data releases took the steam out of the upward momentum that was
building in rate markets, but US-China 2-year swap spreads have still managed to
head back to 10-week lows. 

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