RMB rose sharply in early trading to a half-month high due to the adjustment of

RMB against the dollar spot CNY = CFXS Thursday morning with the central parity rose to half a month after the new highs after the increase, due to the early dollar index fell to the beginning of the month and the demand for foreign exchange settlement more prosperous. Traders said that some institutions only leave the market, increasing the RMB rebound; another regulators basically withdraw from the normal intervention, the exchange rate to maintain a high degree of flexibility is normal, reasonable risk aversion should pay attention.

They also said that the overnight Federal Reserve interest rate decision is no accident, the next Fed candidate is also basically clear, then there are still a series of key events, including the US tax reform program, non-farm data, next week there are US President Trump Zhou visit to China, which may have a greater impact on the RMB exchange rate fluctuations.

"Federal Reserve Chairman is basically Powell, the market has price in, it is estimated that the dollar will not fall too much, this week the renminbi is still continue to rise space, it is estimated to 6.56," a Chinese-funded traders said, "do More than no one tube, but also not up a few days, to the month of the purchase of foreign exchange has come.

Another Chinese-funded trader also pointed out that the yuan in leading non-US currencies, and Powell may be elected and Trump will visit China at least can affect the RMB sentiment.