Monday, 5 November 2018

Yuan Weakness Seems Justified, Currency War Looks Unlikely

Financial markets have been more sanguine about the Yuan’s 2018 hammering than they’ve been when it has fallen in the past. There is good reason for this.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...