China’s yuan strengthens to 7-month high as yen gains, carry trade unwinds
www.scmp.com
The sudden strength in funding currencies, particularly yen and yuan, dented carry trades, after weak US labour data last week stoked recession fears and fuelled bets on deeper rate cuts by the Federal Reserve.
  • hackerwacker@lemmy.ml
    72·
    4 months ago

    So what’s the relevance of your comment to this story? Do you think they’re making the numbers up?

    And did you know all media companies are owned by somebody?