Macro Realities Offer Yuan Bulls Hope Against Dollar| MENAFN.COM

Friday, 01 July 2022 10:36 GMT

Macro Realities Offer Yuan Bulls Hope Against Dollar


(MENAFN- Asia Times) Currency traders betting on a rising dollar and sliding yuan may be missing a significant shift in the trajectories of the world's two biggest economies. Already, there are signs the dollar's 6.4% rise versus the yuan is losing momentum, and it's no mystery why. Widespread recession talk in the US is reaching fever-pitch dimensions. At the same moment […] To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership , AT+ Premium yearly membership , AT+ Premium yearly membership (educator) , AT+ Premium yearly membership (student) or AT+ Premium Access membership .

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