The Chinese Yuan Offshore Exchange Rate (USD/CNH) saw little volatility despite a much larger breakdown in the US Dollar, and traders were reminded that CNH remains closely correlated to the onshore Yuan exchange rate (USD/CNY).
from DailyFX - Forex Market News http://www.dailyfx.com/forex/fundamental/article/special_report/2015/12/05/Chinese-Yuan-Outlook-Remains-Bearish-Ahead-of-Important-Data.html?DFXfeeds=forex:fundamental:article:special_report
Chinese Yuan Outlook Remains Bearish Ahead of Important Data
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