| 25.10.2016 - Why Trump’s slide may be hitting the Chinese yuan |
| Chinese yuan fell to an all-time low offshore on Monday as Republican candidate Donald Trump’s slide in the polls emboldened Chinese officials to allow the currency depreciate more quickly, market strategists said. “The only thing that kept [the dollar-yuan exchange rate] in check was the fear that if it fell too much, that would help elect Donald Trump,” said Greg Anderson, global head of currency strategy at BMO Capital Markets.........................................Full Article: Source |