Offshore Yuan Closes at 6.7108 per Dollar, Down 103 Pips

A 103-pip move is routine for the yuan, so the direction matters less than the fact that this close was recorded offshore while the item describes the onshore rate — a reminder that the two quotes can diverge and that the offshore market often leads during stress. The $54.91 billion session volume suggests real two-way flow rather than a thin, headline-driven print. Whether this softening extends or reverses once the next session opens is the open question; a single close this size is not a trend.