China’s Stimulus Takes A Backseat To Save The Yuan | Michael Howell
Market Depth
The Interconnectedness of the Yen and the PBOC
I don't think you're crazy first of all Second of all, yeah, I remember having that conversation with you regarding the yen So let's get to that in a minute. 10 days ago is what the 26th of June and that is when you started seeing these very massive gaps You know 100 200 300 pip gaps in the daily fixing midpoint range. And as far as I can see what we've got at the moment is an engineer decline in the yen Now that may be as he says left field and it may be wrong But that's how I see things.
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