The Traderszone Network

Published in TZ Latest News 25 July, 2016 by The TZ Newswire Staff

With G20 Over, FX Market Chaos Resumes: Yen Surge, Yuan Purge

Once again the ‘fake’ FX stability of pre-geopolitical-events has ben shattered now that the G-20 meetings ended with their usual un-fanfare of nothingness (and rising discord). After exuberant status-quo-supporting weakness in the Yen and stability in the Yuan (against the dollar), that’s all coming unglued rapidly in the last 36 hours as USDJPY tests back to a 104 handle and Yuan resumes its weakening trend

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