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It's Over: China's Currency Has Never Done This Before

It's Over: China's Currency Has Never Done This Before

FromEurodollar University


It's Over: China's Currency Has Never Done This Before

FromEurodollar University

ratings:
Length:
19 minutes
Released:
Apr 5, 2024
Format:
Podcast episode

Description

EURODOLLAR UNIVERSITY'S SPRING SALE STILL GOING FOR A LITTLE WHILE LONGER, DETAILS AT THE LINK BELOWhttps://www.eurodollar.university/sales-page-springChina's currency trading was wild yesterday, CNY moving just a few pips above the PBOC's daily limit. But then, the country closed down for the rest of this week leaving the whole world hanging as to what might happen next. Will yuan breach the daily band for the first time ever? Might the central bank relent like it usually does? More important than those, what does all this mean? The simplest "equation" in all economics holds the answer. Eurodollar University's Money & Macro AnalysisJapan Times Ex-finance official who warned of Japan's 2022 yen intervention sounds alarmhttps://www.japantimes.co.jp/business/2024/04/03/markets/former-currency-chief-warns-of-yen-intervention/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU
Released:
Apr 5, 2024
Format:
Podcast episode

Titles in the series (100)

Discussing the function and malfunction of the global monetary order and its consequences on finance, economics, politics and society.