Yuan Soared to 7-Month High – What’s Next?

Talking points: – The offshore Yuan had the largest single-day gain since January 5th; watch the key levels next. – Yuan’s overnight funding cost jumped in the offshore market, while the reference rate was slightly changed. – Looking for more trade ideas? Review DailyFX’s Trading Guides and watch DailyFX webinars. USD/CNH Broke Key Support Prepared […]

Continue Reading