And clearly the hedging of those losses is underway en masse... (the size of the circles is the notinal being hedged - we have highlighted a few for context) as it is clear, hedgers are concerned that CNY would weaken to 6.65 or beyond by the end of the year
Steady Ship
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FEEDFor all of its insanity in the late 1990s, Amazon has turned into a
placid, stable, and frankly boring stock. That’s no problem for the bulk of
people ...
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