Will the People's Bank of China send the onshore yuan lower again today, depreciating it further?
Société Générale says whether or not the depreciation is a Bank policy is a question traders will be asking more often. And, the bank warns …
- "the Trump Administration is unlikely to keep quiet for long" on it
SG's prediction has already come to fruition, Trump overnight: Chinese Yuan is dropping like a rock
Mind you, he said the same thing even when it was going up, so there is that :-D
I'm the Prez, you can't margin call me!