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Both the offshore (CNH) and onshore yuan (CNY) rates closed higher on Friday after China’s central bank raised the yuan reference against the dollar to a one-month high of 6.5314.
Global financial markets may be at the brink of a major change in the thematic narrative driving prices as the "Trade trade" suffers a painful blow.
S&P 500, DAX, FTSE 100 Fundamental Forecast: Eyes on Fed, ECB and BoES&P 500 | Federal Reserve Key to Record High Test Calls for the Federal Reserve to loosen monetary policy have grown louder and ...