FW: RMB Watch: The Trade War Premium May Fade in Time

 

 

The Trade War Premium May Fade in Time RMB Watch by Saktiandi Supaat FX Research The moves of the USDCNH in the past few sessions were rather telling. The 7-big figure move in that few hours on 31 Jul reflects some level of trade premium that USDCNH and USDCNY have included for the trade war fears and the sharp reversal that could occur should trade tensions ease... Saktiandi Supaat     (65) 6320 1379     saktiandi@maybank.com.sg Fiona Lim     (65) 6320 1374     fionalim@maybank.com.sg Disclaimer This message is intended only for the use of the person to whom it is expressly addressed and may contain information that is confidential and legally privileged. If you are not the intended recipient, you are hereby notified that any use, reliance on, reference to, review, disclosure or copying of the message and the information it contains for any purpose is prohibited. If you have received this message in error, please notify the sender by return e-mail immediately and delete all its contents. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please click here to contact your representative.