January 04, 2016 BY Mike Fox
Forex market volatile to begin 2016; Yen soars, equity markets down big
Well, 2016 has started off with a bang. a piece by Patrick Graham of Reuters got some inside quotes from brokers in the trenches as China's yuan currency hit its lowest in more than 4 years in both onshore and offshore Renminbi. The culprit of the volatility? Downbeat Chinese economic data. China's benchmark Shanghai Composite shed 6.9%,…
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