Trapped between key MAs, China data fails to impress Yuan bulls
Fundamental Forex Analysis

Trapped between key MAs, China data fails to impress Yuan bulls

USD/CNH is stuck between the 50- and 200-day averages.  CNH is struggling to draw bids despite the upbeat China PMIs.  Risk reset could yield a convincing move below 50-day average.  USD/CNH is lacking a clear...