CNY Surges 400 Pips, USD Also Rises!

CNY Surges 400 Pips, USD Also Rises!

Yesterday, both the Chinese yuan and the US dollar index rose simultaneously. Why? Some consider this to be a very rare occurrence, and indeed, it is not common, but this time, it's not hard to expl...
RMB Soars Near 7 Yuan Mark!

RMB Soars Near 7 Yuan Mark!

The Chinese yuan is soaring, just one step away from breaking the 7 barrier? On Friday, the three major A-share indexes all rose sharply, is the golden era of yuan assets here? If the US dollar cuts...