Both onshore and offshore Yuan rates moved below the key resistance level of 6.70 as China nears the release of second quarter GDP. This could bring considerable volatility to the Yuan rates.
from DailyFX - Forex Market News https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/china_news/2016/07/14/Chinas-Market-News-Yuan-at-Key-Resistance-Ahead-of-2Q-GDP.html?DFXfeeds=forex:fundamental:daily_briefing:daily_pieces:china_news
China’s Market News: Yuan at Key Resistance Ahead of 2Q GDP
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