Chinese Yuan Torn Between PBOC, Fed

Both the onshore Yuan (CNY) and offshore Yuan (CNH) traded lower against the US Dollar this week due to the increased expectations of a Fed rate hike in June after FOMC April minutes were released on Wednesday.


from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/article/special_report/2016/05/21/Chinese-Yuan-Torn-Between-PBOC-Fed-tofRM.html?DFXfeeds=forex:fundamental:article:special_report