Dienstag, 22. April 2014

Forex: Ukraine Crisis, Weakened Yuan Elicits Yawns

Though tensions in Ukraine remain taut and global central banks continue to toy with investor sentiment – the People’s Bank of China (PBoC) weakened the yuan to its lowest level in 14 months yesterday – investors appear to be little concerned. Did they consume too much turkey during the four-day Easter holiday weekend?

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