Bloomberg on the yuan in June – “up on suspected intervention”

Bloomberg with an item on the yuna this month: Starting the month at a 2017 high, the yuan lost 0.6 percent to the dollar over the next two weeks as bearish bets returned on concern China's economic growth may have peaked. That seemed to trigger a reaction from the People's Bank of China, with the authorities

The post Bloomberg on the yuan in June – “up on suspected intervention” appeared first on Forex news forex trade.

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Bloomberg on the yuan in June – “up on suspected intervention”

Bloomberg with an item on the yuna this month: Starting the month at a 2017 high, the yuan lost 0.6 percent to the dollar over the next two weeks as bearish bets returned on concern China's economic growth may have peaked. That seemed to trigger a reaction from the People's Bank of China, with the authorities

The post Bloomberg on the yuan in June – “up on suspected intervention” appeared first on Forex news forex trade.

Continue Reading