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Calm In China And CNY

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jan 12, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    Risk aversion has taken a temporary reprieve today with Asia’s regional equity indices mixed, fading the weak US close which wiped out 4Q 2015 gains. The lull in Chinese selling is partially due to stability in CNY. China fixed the CNY at 6.5628, broadly unmoved for the third day. This[​IMG]

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