While we await the CNY fix (estimate is 6.9206) - heads up for a China holiday on Monday

The People's Bank of China is expected to set the reference rate for USD/CNY today at 6.9206.

The Bank is getting a breather from the rapid yuan fall with some US dollar softness.

Also, it's a holiday in China on Monday, September 12. For the final day of the mid-Autumn festival.

AKA Mooncake festival.

china mooncake autumn

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