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06.09.2017 • 13:00 GMT+3
Dollar Cascades Lower Versus Yuan, Is There Trade Potential Here?
John Kicklighter
• Escalation in North Korean tension and the localized trouble in US debt ceiling fears has leveraged USD/CNH pressure
• Before Tuesday's measured advance, USD/CNH dropped for 14 consecutive trading days - a record for the series back to 2012
• This pair's retreat eases manipulation claims evidence but intereset will likely shift to exchange rate stability
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