NAB sees 7.20 as 'line in the sand' for Chinese yuan

Barring a surprise, "shock and awe" announcement from U.S. President Trump on the trade front with China, Ray Attrill of National Australia Bank believes the Chinese offshore yuan will remain in a range between 7.10 and 7.20 to the U.S. dollar.
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Fri, May 29 20205:50 AM EDT