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Barclays – Long USD/CNH

  Barclays recommends¬†Long USD/CNH: “as Chinese officials place increasing emphasis on stability of the trade-weighted CNY, we think there is scope for significant weakness against the USD in an environment of Fed tightening.” Barclays on the EUR/USD: “FX market liquidity dropped materially into year-end, with average daily EUR/USD volumes about 1/3 of their 2015 average […]