AUD getting another boost from the China intervention to support CNY
Post is here on China supporting the yuan:FX intervention - China major state banks seen selling USD/CNYWhile the buying of yuan has been for NCy the offshore, CNH, has also benefitted:AUD/USD is higher again, circa 0.640 as I update. This article was written by Eamonn Sheridan at www.forexlive.com.
Post is here on China supporting the yuan:
While the buying of yuan has been for NCy the offshore, CNH, has also benefitted:
AUD/USD is higher again, circa 0.640 as I update. This article was written by Eamonn Sheridan at www.forexlive.com.
