USDJPY and USDCNY/CHN correlation : short USDJPY long USDCNY Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Feb 1, 2016 4:16 PM

Presenting without major comments... To regain competitively that was lost against Japan due to QQEx JPY devaluation, China would need to devalue to at least 7.80-8.20.