2min chapter

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China’s Stimulus Takes A Backseat To Save The Yuan | Michael Howell

Market Depth

CHAPTER

The Importance of a Stable Currency Block in Forex Markets

The Japanese yen versus the C And Y is actually has been weakening quite noticeably. So I think that a lot of this in in terms of the pressure that you're that you're seeing in markets Is stemming from the fact that what you need is a stable currency block. If you've got economies that are increasingly integrated that's very important and in my view that's the thing to watch so we've got to start looking very closely again at forex markets.

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