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Thomson Reuters
Dec 27 - 08:36 PM
USD/JPY - USD/CNH Tumbles As USD/JPY Ignores US Stock Rally
First appeared on eFXplus on Dec 27 - 06:50 PM
  • USD/CNH makes a beeline for downtrend channel at 6.8699
  • Close below confirms s/t bearish technical bias, target 6.8472
  • Heavy USD/JPY weighing on regionals, as US stocks rise again
  • DXY fell o/n as US Treasury yields faded; 10y slips to 2.774%
  • China confirms direct US trade talks in Jan nL3N1YW216
  • White House plan to ban Huawei, ZTE may affect talks nL1N1YW00X

CNH: Click here

Source:
Thomson Reuters IFR Markets

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