Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 01:58 (GMT) 28 Oct
Despite yesterday's spike in spot USD/CNY to 6.8350 highs on comments that China will not have a major change in yuan policy until exports recover significantly, PBoC set the central parity fix almost unchanged at 6.8283 versus yesterday's fix at 6.8284. Spot prices were last seen back in subdued trading at 6.8280-ish levels while 1-year NDFs remained supported near yesterday's highs above the 6.67-figure. Next barrier seen at 6.6760. JA








