Derived Data That Drive Results
By Ewen Chew — Sep 17 - 09:25 PM
USD/CNH recoils to 7.1020 from Tues close 7.1117
PBOC fix 7.0870 from last 7.1030, within range of forecasts
Bollinger downtrend channel entrance awaits at 7.0984
Pullback follows USD/JPY rally deflating before FOMC
More last minute repositioning before Fed decision likely
Risk on persists for now, as Nikkei +0.9%, S&P futures +0.1%
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Source:
Refinitiv IFR Research/Market Commentary
