USDCNH Likely to Reach Low $7s Before Any Abatement in Chinese Currency Depreciation

2016-01-06 · by · in China, CNY, FX, Technical Analysis

I have talked at length on the site about the deflationary forces behind CNH depreciation vs. the USD. My contention is that so long as a regime of CNH depreciation vs. USD is in place, global risk assets will remain…

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