Yuan holds 6.66 while the yen sits on the 158 funding line
USD/CNY at 6.6558 has the yuan firmer over two weeks. USD/JPY at 157.53 sits a step from the 158 line where funding desks switch the yen leg, while USD/KRW at 1333.08 leaves the won strong. Across the three-way split, CIPS direct clearing drops the dollar leg and an NDF locks the yen exposure.