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Chinese Yuan Moves Have Global Implications

Started by PocketOption, May 20, 2023, 06:15 am

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PocketOption

Chinese Yuan Moves Have Global Implications

This week, the yuan broke above the 7.0000 handle against the dollar and continued to rise. Generally, the Chinese currency isn’t a popular trade because it’s officially kept within a trading band. The government allowed that band to drift above the technically and psychologically important level for the first time since late last year. The […]


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