By Ewen Chew — Jan 18 - 02:10 AM
USD/CNY fades to 6.7718 from Wed peak 6.7889; SSEC flat
Reaction to BOJ policy hold, which boosted USD/JPY, abates
USD/AXJ broadly sags after initial spike due to USD/JPY effect
If USD/CNY closes below 6.7634, short-sellers might return
That would reinstate daily Bollinger downtrend channel
Global hedge funds raise China property exposure nL4N3421JI
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Source:
Refinitiv IFR Research/Market Commentary