Asia Currencies Fight Back Against The Dollar As US Inflation Cools
Market Depth
The Chinese Yuan Isn't on a Rip-Rowing Recovery Rally
The dollar did weaken against Yuan upon that CPI release, but not too much of a move at all. So we can kind of think that weird Friday nonform payrolls and monthly options of expiry volatility that kind of pre opened the release fell in a very crowded yen short positionThat had been that had existed. And then I just went over why the relatively tepid dollar yen drop as a post CPI reaction. Now, the Yuan has indeed been strengthening over the past few days, but I wouldn't really call it strengthening as he would call as much as stopped weakening.
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