What’s Depressing the Yuan and Yen?

latest news headlines 2 weeks ago

Renewed strength in the US dollar is creating havoc for China’s yuan and Japan’s yen. Since the start of September, the yen has touched a 10-month low, while the yuan plumbed a 16-year low as China’s economic woes deepened. Here’s what you need to know about the Asian currencies, and how corrective efforts by China and Japan’s governments could impact the global economy. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/economics.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insights -------- Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Subscribe to Bloomberg Originals: https://www.youtube.com/BloombergTV Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/@BloombergQuicktakeNow Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake
Read Entire Article