USD/CNH retraces to near 7.20 as investors seeks more details on US-China trade deal

  • The USD/CNH pair gives back all gains made on Wednesday and slides to near 7.18 during Asian trading hours on Thursday. The pair weakens as the US Dollar (USD) underperforms its peers, with investors seeking more details in the trade framework laid by negotiators from the United States (US) and China in the two-day meeting in London earlier this week.