USD/CNY fix projection: 6.8800 from 6.8898 - Nomura

Analysts at Nomura offered their projections for today's USD/CNY fix. Key Quotes: "Our model1 projects the fix to be 98 pips lower than the previous
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US to mull new currency strategy to pressure China - WSJ

According to the WSJ, the US is said to mull a new currency strategy to pressure China, Bloomberg reports. 
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