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China state banks seen selling USD/CNY - intervention to slow yuan drop

Started by forex4you, Nov 06, 2024, 05:38 am

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forex4you

Nov 06, 2024, 05:38 am
China state banks seen selling USD/CNY - intervention to slow yuan drop

Major Chinese state banks selling USD/CNY trying to contain the yuan losses.

Good luck with that. The USD is being driven by election results.



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: China state banks seen selling USD/CNY - intervention to slow yuan drop

forexlive.com
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