The Yuan is Experiences a Sharp Drop that may Continue

Hedge Funds
by trusted insight posted 10years ago 468 views
The Chinese yuan, particularly the offshore CNH, fell by almost 1 percent last week, marking its biggest drop since September 2011. Saxo. As Germany sees a 0.4 percent rise in Q4 GDP, Saxo Bank's Mads Koefoed explains that the valuation of euro dollar - which is currently trading at 1.3750 - is. Hedge funds continue to rush into commodities according to the Commitment of Traders report covering the week of February 18. The bullis.

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