The dollar is under pressure today from strength in the yuan after Chinese leaders signaled it will expand fiscal spending and ... US Oct wholesale trade sales unexpectedly fell -0.1% m/m, weaker than ...
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While the CNY depreciated by 4% since Oct 1 st ... the Tariff Man is on the horizon for this Christmas – long USD-CAD (from 1.41) and USD-MXN (from 20.3) until Jan 20 th or when tariff outlooks ...
Summary: Having created history’s most epic debt bubble, China boldly bets that fiscal stimulus to the tune of trillions of CNY is the only ... with mild losses near 1.0400 on Tuesday.
To make matter worse, the yuan’s interest-rate discount to the US has been widening as traders added to bets on PBOC easing. China’s 10-year yield slid to a record 1.98% on Monday, more than 2 ...