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USD/CNH calms Friday's band widening

  • USD/CNH moved lower on open today and immediately pressured

  • Friday USD/CNH pushed to 6.2900 on USD/CNY band widening rumors

  • USD/CNH down to 6.2760 today and returns to 6.23-6.28 range

  • RBS says conditions not mature yet for USD/CNY band widening move

 

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