CADCNH China must defend the currency again

They are having a rough time trying to keep the currency in line; I expect them to push Reminbi lower again since it is almost at levels past their devaluation target. If their market crashes again the pattern was intense selling of the reminbi for any other pair.

Since they said they would not prop their stock market any further I think the party is just getting started.

The guys in control over there have no sense of a light touch so this is an unusual situation on a pair I wouldn't normally trade.
put on the trail to lock in the gains
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out