Chinese Yuan Weakens Amid Tariffs, Trade Data

May 09,2019 03:29   Source:Earnforex
The Chinese yuan is weakening against a basket of currencies midweek as global markets are still reeling from the incoming US tariff hikes on billions in Chinese imports. Beijing has promised it will retaliate, despite reportedly being closer to a new trade agreement. Investors are also combing through new trade data that surprised market forecasts. President Donald Trump shocked global markets this week when […]

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