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Long USD/CNH : Barclays

Quotes from Barclays Capital: -We see rising risk that the Chinese government could start to accommodate more CNY weakness. We also do not rule out the possibility of a widening of the CNY trading band combined with high…

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Quotes from Barclays Capital:

-We see rising risk that the Chinese government could start to accommodate more CNY weakness. We also do not rule out the possibility of a widening of the CNY trading band combined with higher USDCNY fixings. We continue with our long USDCNH trade recommendation.

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