Offshore yuan bought by Chinese banks early

Discussion in 'Market News' started by ForexLive, Jan 28, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Reports the selling of USD/CNH earlier on was driven by big Chinese banks From circa- 6.6160 down about 60 points or so: The buying of CNH is being cited as an input into the improved 'risk' tone so far. AUD/USD is around 35 points up on its earlier lows

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