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Sep 10 - 10:55 PM

USD/JPY - USD/CNY Down With USD/JPY; China Retirement Age May Rise

By Ewen Chew  —  Sep 10 - 09:45 PM
  • USD/CNY drops to 7.1161 from open 7.1233; SSEC -0.5%

  • Retreats from 23.6% Fibo at 7.1273; may consolidate lower

  • 21 DMA resistance just above at 7.1323 reinforces topside

  • USD/JPY pulled down to lowest since Jan, USD broadly soft

  • European firms doubt China economic recovery nL4N3KS03F

  • Policymakers discuss raising China retirement age nL4N3K80IP

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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