Offshore Yuan Edges Lower to 6.7035 per Dollar in New York Trading

A nine-point move inside a roughly six-pip range is noise, not signal, so the real information here is about liquidity and positioning rather than direction. Thin New York hours for offshore yuan often reflect hedging and funding flows more than any shift in view on the currency. The open question is whether this late-session drift carries into the onshore fix and Asian hours, where the wider market actually sets the tone.