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Yuan unwinds most of this year’s decline

ByAdam Button

Jan 11, 2016

Huge unwind in yuan weakness underway
USD/CNH — the offshore yuan — is surging today. The motivation is no doubt intervention after a spike above 6.70 the pair has been in absolute freefall and is at 6.5967.

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  2. Canada’s S&p/tsx Comp Index Provisionally Closes 0.04 Pct up at 14,914.97 Points
  3. ForexLive European morning wrap: USD buyers return as euro wobbles into the ECB
  4. *Germany Mar Producer Prices Down 1.7% On Year, Consensus -1.6%

By Adam Button

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