Bloomberg/Staff/2-19-2019
“The U.S. is asking China to keep the value of the yuan stable as part of trade negotiations between the world’s two largest economies, a move aimed at neutralizing any effort by Beijing to devalue its currency to counter American tariffs, people familiar with the ongoing talks said.”
USAGOLD note: If the U.S. gets its way on this, on top of the dovish Fed tilt, it would likely send shockwaves through the foreign exchange market.
