Paolo Danese @pdanese
CNH/CNY spread down to 0.66% (it was 1.33% at last week's close). #RMB
PBoC support to #CNH today, but EUR and JPY also gave #CNY ground: PBoC could be trying to reset the CFETS RMB index to 100 (99.96 on Fri)
Very likely, but CNY also rallied against EUR and JPY today... https://t.co/2IDmXYWy5V
Market volatility does not equal #RMB depreciation, say experts @GlobalCapNews @GlobalRMB https://t.co/FTpuAcCY8g
Def a must read: Jabba the hott: what happened when we used #howhot to rank Star Wars characters? https://t.co/e4UsJxkAOA
Meanwhile, the #eurcny fix was lowered by 1.7% vs Jan 7 to 7.1735 #rmb
And it's still Thursday... https://t.co/YhBg3fbg04
China FX reserves down 3.2% to $3.3tn #PBOC #RMB @CEICData1
Despite(?) the #SHCOMP trainwreck, CNY/CNH spread tightens as USDCNH up .24% and USDCNY down .54%. Causal links hard to make atm...