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USDCNH is now up on the day after the....>

CHINA YUAN
CHINA YUAN: USDCNH is now up on the day after the pair recovers early losses
which saw the pair hit as low as 6.7651. A break above Friday's high at 6.7948
would reignite upside momentum. 
- The Axios headline regarding a potential trade meeting next month between Xi
and Trump underpinned yuan strength in early trading but strength proved
fleeting even as stocks have maintained their strength. 
- The euity rally has failed to prevent a resumption of the downtrend in Chinese
interest rate swaps, which in part explain the yuan's failure to cling to gains.

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