Uproar in World Currency Markets As Yuan Is Devalued - forex trading institute guatemala

Uproar in World Currency Markets As Yuan Is Devalued ~ forex trading institute guatemala

It will be important to adjust your trading strategy this morning as world markets appear to be in a state of flux.

China has seen a deterioration in their markets and as a result has stopped trading.

European Markets seem to be weak and falling and it may well be that these conditions will prevail when New York opens as well.


Rupee trades lower against US dollar - Economic Times
Thu, 07 Jan 2016 03:59:00 GMT
We expect that the CNY (yuan) to continue depreciating through to the Chinese New Year as the US dollar strengthens on a combination of relative monetary policy and risk aversion, said ...


China lets yuan fall faster, share trading suspended as prices tumble - Reuters
Thu, 07 Jan 2016 10:32:29 GMT
ReutersChina lets yuan fall faster, share trading suspended as prices tumbleReutersThe Peoples Bank of China again surprised markets by setting the official midpoint rate on the yuan, also known as the renminbi (RMB), 0.5 percent weaker at 6.5646 per dollar, the lowest since March 2011. That tracked record losses in the more open?...China jolts markets with sharply lower yuan fixCNBCOffshore Yuan Rises From Five-Year Low as PBOC Puzzles MarketsBloombergOffshore Bets Against Yuan Gain Momentum


Chinese Stocks Halted as Yuans Slump Sends Markets Into Turmoil - Bloomberg
Thu, 07 Jan 2016 09:05:00 GMT
BloombergChinese Stocks Halted as Yuans Slump Sends Markets Into TurmoilBloombergThe worst start for Chinese markets in two decades showed no signs of letting up after the central bank cut its yuan reference rate by the most since August, sparking a selloff in stocks that forced the $6.6 trillion market to shut early. Chinas CSI ...China Stock Markets: Plunge Caused By Falling Yuan, Adds To Concerns About New ...International Business TimesChina blames speculators for weakened yuanMarketWatchChina stocks rise but offshore yuan hits new low


Canadian Dollar Hits Multiyear Low - Wall Street Journal
Wed, 06 Jan 2016 21:50:00 GMT
TORONTO—The Canadian dollar hit a new multiyear low Wednesday as another day of slumping oil prices and renewed nuclear threats from North Korea led investors to seek safety in the U.S. dollar. The U.S. dollar was recently at C$1.4083 from C$1.3995?...Loonie hits twelve year low, but there could be benefits to the slumping dollar


US dollar will dictate broad market performance in 2016 - Financial Times
Wed, 06 Jan 2016 05:09:00 GMT
We think the second scenario will prevail — the more virtuous end to the US dollar cycle — but the interplay of interest rate differentials and dollar valuation early in 2016 will be critical in setting the market tone across all major asset classes ...Opinion: How debt, the dollar, and China could tie the Feds hands

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