The Opening Belle - 21st October 2020
The dollar has been ditched, and the deadline wasn't a deadline.
Not sure those two things are related, but it sums up the main news without using the 's' word.
Risk sentiment is certainly positive.
The yuan has been strong of late, and the PBoC fixing showed no real appetite to reverse this.
Bloomberg speculate if the PB0C will allow this to continue.
Yuan Rallies to Strongest in Two Years - Renewed Test for PBOC (BBG)
To read the full article become a Premium member
Share this article: