Thursday session saw the dollar/on-shore yuan rise to the highest level since 2007 as Chinese economy prospects continue to concern market participants
USD/CNH last at 7.3373, up 164p on day, the Cable FX Macro Dollar Index is trading with marginal gains
Despite the weakness, we are noting the Australian dollar failing to catch lower to the yuan. Historically, the AUD holds among the highest betas/R2s to the yuan
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