Tuesday, September 5, 2017

FW: [Maybank] RMB – Risks Still To The Upside

 

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GBL: RMB – Risks Still To The Upside

FX Insight
by Saktiandi Supaat

FX Research

USDCNH has plummeted past the key 6.60-figure last Fri, taking the USDCNY along with it. Offshore spot was last seen around 6.5345. However, this sharp move is not in sync with the rest of USDAxJ, or with USD at all. Within the intra-day session for Asia yesterday, CNY has been the top performer in the region with the exception of JPY...

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