RSS USD/CNH: Consolidation after breaking out – OCBC

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 RSS USD/CNH: Consolidation after breaking out – OCBC

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USD/CNH fell sharply below 7.26 at one point after Trump announced there was no immediate plans for tariffs and calls for further study. USD/CNH was last seen at 7.2712 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
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