USD/CNY breaks above descending channel at 6.6631
USD/CNY broke above the descending-channel upper boundary at 6.6631 and was last at 6.6643. China's yuan midpoint was its lowest in nearly a week, about 660 points weaker than the Reuters estimate.
USD/CNY broke above the descending-channel upper boundary at 6.6631 and was last at 6.6643. China's yuan midpoint was its lowest in nearly a week, about 660 points weaker than the Reuters estimate.