China is struggling to have assure Yuan a good seat before Donald Trump`s investiture

China is struggling to have assure Yuan a good seat before Donald Trump`s investiture

By: Simon Furman | Where To Trade | On:Thursday, 05 January 2017
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   More than that, China is celebrating the Lunar New Year soon, and it needs its currency steady for these two big events.
The offshore Yuan rose by 0.45%, reaching 6.8345 against the American dollar. Earlier, the Chinese Yuan manage to rose by more than 1%, reaching 6.7845.

  China is struggling to have assure Yuan a good seat before Donald Trump's investiture, knowing how much it will affect its economy.

  More than that, the Lunar New Year (The Chinese New Year) is the second big event happening soon, that affects the Chinese currency. 

China has become involved in actions that have an impact both on onshore and offshore markets. 

Simon Furman

Simon Furman

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