USDCNH traders expect a weakening of the CNY. Helped by the strong dollar today. - ConsultFX

USDCNH traders expect a weakening of the CNY. Helped by the strong dollar today.

Fixed the currency at 6.6234 earlier in the day.  The PBOC set the USDCNY at a rate of 6.6234 at the daily fixing today. The offshore USDCNH is trading at 6.72318 currently. The recent high for that currency pair (which floats freely) reached 6.7328.