2 months USD/CNH becomes a beta play to USD/JPY – DBS FXStreet
We expect a gradual, calibrated convergence in the CNY fixing back towards the spot rate, which closed at around 7.17, DBS FX & Credit Strategist Chang Wei Liang notes.
We expect a gradual, calibrated convergence in the CNY fixing back towards the spot rate, which closed at around 7.17, DBS FX & Credit Strategist Chang Wei Liang notes.