Market participants widely believe the 98-level could act as the ceiling for the index, which officially publishes on a weekly and monthly basis. Suggestions from two Fed officials that a period of high inflation in the United States may last longer than anticipated lifted the greenback on Wednesday. Several traders and analysts said the official fixing came in much weaker than their forecasts. Thursday's midpoint was 67 pips weaker than Reuters' estimate of 6.4231. A too high reading could suggest China might be suffering a trade disadvantage against its peers.
Trade traders seen China to be losing the advantage of any changes to the market.
( z0 see :ARG0 ( z1 person :ARG0-of ( z2 trade :ARG1 ( z3 trade ) ) ) :ARG1 ( z4 lose :ARG0 ( z5 country :name ( z6 name :op "China" ) ) :ARG1 ( z7 advantage :ARG2 z5 :ARG3 ( z8 change :ARG1 ( z9 market ) :mod ( z10 any ) ) ) ) )
(z0 / see-01
    :ARG0 (z1 / person
              :ARG0-of (z2 / trade-01
                           :ARG1 (z3 / trade-01)))
    :ARG1 (z4 / lose-02
              :ARG0 (z5 / country
                        :name (z6 / name
                                  :op1 "China"))
              :ARG1 (z7 / advantage-01
                        :ARG2 z5
                        :ARG3 (z8 / change-01
                                  :ARG1 (z9 / market)
                                  :mod (z10 / any)))))
Trade traders seen China to be losing the advantage of any changes to the market .
z1 :ARG0-of z2
z2 :ARG1 z3
z0 :ARG0 z1
z5 :name z6
z6 :op1 0
z4 :ARG0 z5
z0 :ARG1 z4
z4 :ARG1 z7
z7 :ARG2 z5
z8 :mod z10
z7 :ARG3 z8
z8 :ARG1 z9