INVESTINGLIVEEamonn Sheridan
Yuan devaluation claims ring hollow as currency nears 28-month high, Reuters says
The yuan's approach toward a 28-month high on a trade-weighted basis directly undermines the political traction of undervaluation arguments, and the Reuters analysis suggests that dynamic is already shaping FX positioning: selling USD/CNY on spikes is described as the path of lea
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