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APAC Currency Corner – Asia USD Basket Looking Bullish

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Apr 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    We hit a new year-to-date low on the China CFETS basket yesterday, down 2.9% year to date and the PBoC seems to be a happy camper with the pressure off the Yuan. Yesterdays' extreme interest gap lower in CNH funding was a result of quarter end influences, and an unwind[​IMG]

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