BFM Podcast

Currency Game On

Tan KW
Publish date: Tue, 06 Aug 2019, 12:12 PM

Tan Chung Han, Market Analyst, FXTM

06-Aug-19 07:30

Currency

With the Chinese yuan breaking 7.00 to the US dollar, this not only sends a risk-off signal to investors but surfaces foreign exchange as having a more pronounced role in trade and beyond. The ringgit looks likely not to be spared and will probably breach 4.20.

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