USDCNY climbed to 6.64 today and given the selling of foreign currencies and the fact that Yuan Follows Dollar Down, But Not Up, a fix in the 6.60s is likely coming up. For more on the yuan's tie to the weak dollar, but not strong dollar, see Calm Before the Dollar Storm.
Looking past the Brexit noise, this is the type of move that could have staying power given everything else going on in the markets.
王毅访新西兰、澳大利亚 双边关系现稳定进展
-
中国外交最高级别官员王毅18日访问了新西兰,进行新西兰新保守派政府上台以来的首次访问。他还将于20日访问澳大利 […]...
No comments:
Post a Comment