JulianVillamizar

Chinese yuan devaluation could continue during the year

Long
FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
The devaluation of other currencies against the dollar has made Chinese exports less competitive and affect the growth of this country.
China faces its slowdown with interest rate cuts . This monetary policy , reduced export competitiveness and economic slowdown justify a future policy of devaluation of the yuan. Buy and hold USDCNY
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