China yuan (offshore CNH) is hitting it lowest since January on US trade war escalation

USD/CNH … CNH is the offshore yuan, qhich is free from any 2% + / - limitation the onshore (CNY) is.

USD/CNH to its highest since late January:

This the latest news:

• China is now considering cancelling this week's trade talks with the US

This the story so far;

• Pres. Trump: China tariffs will go up to 25% on $200B of goods on Friday
• ICYMI - US President Trump threatens higher tariffs on Chinese goods

• Trump was told by aides that significant hurdles remain to reaching trade deal with China

• Monday morning early spit ball - how will China react to Trump's tariff hike tweets?

• Trump to announce new Iran sanctions this week (report via Axios)

• US equity futures open lower in Sunday trade - here's why ICYMI

Yen crosses revisiting their earlier lows. US equity index futures too... even further down.