USD/CNY 6.2500 a selling opportunity - Westpac

FXStreet (London) - Westpac analysts feel that for USD/CNY/CNH, they would expect rallies back to 6.2500 to be viewed as selling opportunities by the market in the near term.

Session Recap: USD suffers across the board

US dollar weakness and strong European PMIs were the themes of the session Tuesday. The euro is among the best performers Tuesday, having rallied to fresh 7-week highs versus the dollar, underpinned by better-than-expected Eurozone services PMIs.
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