> JPY crosses: would expect them to be lower after Chinese moves

JPY crosses: would expect them to be lower after Chinese moves

Sunday, 20/06/2010 | 22:10 GMT-0

The normal market reaction to a quasi Yuan reval would be to sell the JPY crosses. The AUD has a special relationship with the CNY but certainly selling EUR/JPY, GBP/JPY or USD/JPY would be the traditional trade.

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