Flash: Chinese plenary outcome significance yet to be determined - BBH

FXstreet.com (Barcelona) - The Third Plenary session of the Chinese Communist Party ended and it will take some time for true significance to be appreciated and operationalized, notes Marc Chandler, Global Head of Currency Strategy at BBH.

Key Quotes

"We suspect further gradual appreciation in the Yuan is likely."

"At the current pace, the dollar could be near CNY5.80 again in a couple of years."