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Thomson Reuters
Jan 03 - 03:48 AM
USD/JPY - USD/CNH Propelled Higher As USD/JPY Weakness Resumes
First appeared on eFXplus on Jan 03 - 01:00 AM
  • USD/CNH rebounds as USD/JPY weakness resumes, SSEC turns red
  • Earlier resilience of Chinese stocks had bogged USD/CNH down
  • Hits day-high 6.8944 vs prev close 6.8765, may reach 6.9025
  • Entrance of Bollinger uptrend channel at 6.9059 will help to cap
  • China shares down marginally, hope for mass stimulus fades again
  • Focus on helping small firms hints at policy restraint nL3N1Z2297

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