By Ewen Chew — Jan 17 - 08:40 PM
USD/CNY opens 6.7780 vs close 6.7689 after UST yields rise
Escape from Bollinger downtrend channel may spur short-trimming
Wed close below 6.7640 needed to reinstate bearish chart bias
PBOC sets yuan benchmark slightly stronger than forecasts
Fixing of 6.7602 below forecast range 6.7622-6.7653
USD/AXJ bouyant along with USD/JPY before BOJ policy decision
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary