LONG USDCNY
- Dollar stays bullish of the incoming 75/100 BPS rate hike.
- China GDP Q2 0.4% growth, below forecasted growth.
- China's exports continue to fall from the fall in demand globally.
- We are looking at USDCNY possibly going back to 7.
- China GDP Q2 0.4% growth, below forecasted growth.
- China's exports continue to fall from the fall in demand globally.
- We are looking at USDCNY possibly going back to 7.
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