USD/CNY continued its big surge again today - some thoughts on where to next - ConsultFX

USD/CNY continued its big surge again today - some thoughts on where to next

Some thoughts from around the place on the yuan weakness SG: - USD/CNY in the past week is "clearly a trial balloon" (in response to trade threats)  SG do say though that independent of trade wars, CNY could drop toward 6.75/USD as EM currencies soften in the second half of this year