Currency traders betting on a rising dollar and sliding yuan may be missing a significant shift in the trajectories of the world’s two biggest economies. Already, there are signs the dollar’s 6.4% rise versus the yuan is losing momentum, and it’s no mystery why. Widespread recession talk in the US is reaching fever-pitch dimensions. At the same moment […]
Macro realities offer yuan bulls hope against dollar
As the US veers toward a recession, China’s currency could make up some lost ground
