USD/CNH is losing ground as the yuan piles on more strength.
China is on holidays for most of this week (LUnar New Year) and there is little fresh news crossing from the coutnry.
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Offshore yuan, CNH, gains further, to its highest since mid-2018
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- ECB preview: a hawkish hold is expected but there's risk of a disappointment
- Spain Q1 preliminary GDP +0.6% vs +0.5% q/q expected
- French inflation continues to pick up in April to highest since July last year
- What are the main events for today?
- FX option expiries for 30 April 10am New York cut
- Germany March retail sales -2.0% vs -0.1% m/m expected
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