By Giles Coghlan, Chief Currency Analyst at HYCM
Seven inns of happiness for the Yuan
USDCNY breaks 7.00. The 7.00 handle is an important psychological level due this being the number that the PBOC would reportedly defend (it didn't in the end - probably looking at the SNB and seeing what a hole you can get into if you try and defend a rate and take on the world market)
