Forex
globalreutersMay 19, 20241 Mins read
Strong evidence suggest significant Chinese FX intervention in April to prop up CNY (yuan)
globalreutersMay 19, 20241 Mins read This points to significant Chinese forex intervention in April. And there are no signs that is diminishing.
There is a thread of tweets on this, check it out @Brad_Setser
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The pressure for yuan devaluation is building.
This article was written by Eamonn Sheridan at www.forexlive.com.
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