Chinese Yuan Outlook: USD/CNH Test PBOC’s Patience as US Dollar Rises Post-FOMC

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The Chinese Yuan is trading at its lowest level since January 2008 after the FOMC rate decision boosted the US Dollar. USD/CNH is breaking higher in early Asia-Pacific trading. Will the PBOC respond?

from DailyFX – Market News https://bit.ly/3h9ry7d
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