| Fragility returned to stalk the currency market and kill off the brief revival in optimism as traders returned to haven assets and steered clear of riskier commodity-related foreign exchange.
The more upbeat mood of the end of last week was maintained into Monday after reassuring comments from the People’s Bank of China about exchange rate policy, which drove the renminbi higher. But on Tuesday the market was back on familiar shaky ground. A 6 per cent rise in Brent crude disappeared after the market dismissed the relevance of a putative deal between Saudi Arabia, Russia, Venezuela and Qatar to freeze oil output...............................................Full Article: Source
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