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European Market Update: Brexit Shock Continues To Evaporate

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The main focus in the session was on the CNY currency (Yuan). The offshore Yuan fell to its weakest level since Jan with USD/CNH (offshore) testing 6.7021. Reports circulated that China PBoC would be willing to let CNY currency (Yuan) weaken to 6.8 in 2016. The weakening of the Yuan[​IMG]

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