Free Trial

Speculators aiming to profit from.......>

CHINA PRESS
CHINA PRESS: Speculators aiming to profit from shorting the yuan exchange rate
will suffer huge losses, said Securities Times in a front-page commentary on
Monday. The newspaper said that the yuan can stabilize at a balanced level as it
is well supported by the long-term economic fundamentals. The commentary also
pointed to the capacity for Chinese authorities to deal with the exchange rate
overshooting, and the tolerance for a more fluctuating yuan among the Chinese
population. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.