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Chinese yuan kicks off the year with a move higher

January 04, 2021 at 03:31AM

Chinese yuan kicks off the year with a move higher
USD/CNH is under 6.5 for the first time since H1 of 2018 (and has near;ly recovered all of its Trump trade war loss).
The yuan has been boosted by China’s recovery from the pandemic at a much faster rate than the US (its still worsening in the US), and, of even more importance to carry hunters,
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