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  • 0911 USDCNH :The pair falls sharply on policy released by China

0911 USDCNH :The pair falls sharply on policy released by China

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Last week when the USDCNH was quoted at 7.35, we emphasized that policies were more influential than technicals in the forex market. China's central bank has introduced a succession of policies to regulate and stabilize the RMB exchange rate.
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