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Chinese Yuan Plummets, What Next?
Market Depth
SPX Downside in 2022
In mid September 2022, dollar yuan finally broke through into the seven handle. That day SPX E-minis had a minus 4% single day drop and that kicked off another minus 15% further downside in SPX over the next month. And of course it's not just SPX that moves with the yuan, the Heng Seng Index and Dollar Yuan, I mean they're basically the same chart, right?
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