30/08/18

Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever



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Is China Losing Control? Yuan More Volatile Than Euro For First Time Ever
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For the first time, FX traders are grappling with wilder swings from China than Europe.

As Bloomberg notes, the offshore yuan has been more volatile than the euro all month after first overtaking the shared currency in July, according to 30-day realized data. And while euro uncertainty remains relatively ...

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