bobathebison

Yuan free float long term trade

Long
FX_IDC:USDCNY   U.S. Dollar / Chinese Yuan
1
the china's central bank the PBOC might devalue their currency because last year they burnt 1 trillion in their forex reserves but this year there will be at least 3 rate hikes by the fed this should make the strong this is actually a one sided bet because even if the PBOC dont devalue their currency w will make easy money . have a great day.