Stocks dropped sharply on Thursday after reports surfaced that President Trump would not be meeting Chinese President Xi Jinping before the March deadline when the U.S.-China trade war “ceasefire” is scheduled to end. Back in early December, Trump … [Read More]
Since April, the Chinese yuan (or renminbi) has dropped sharply against the surging U.S. dollar. This has resulted in a sharp rise of the USD/CNY (US dollar vs Chinese yuan) currency pair. Much of the yuan’s apparent weakness … [Read More]
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