Black line: USD/CNY (onshore)
RMB has depreciated further after our post below. RMB has the potential to depreciate to 7.30 when the US-China trade tension rises further.
http://sg-stock.blogspot.com/2019/08/huge-risk-free-arbitrage-opportunity.html
Tuesday, August 27, 2019
Renminbi has depreciated further after China's retaliation.
Black line: USD/CNY (onshore)
RMB has depreciated further after our post below. RMB has the potential to depreciate to 7.30 when the US-China trade tension rises further.
http://sg-stock.blogspot.com/2019/08/huge-risk-free-arbitrage-opportunity.html
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